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Manufacturers expect their factory output to increase in the Spring as order books continue to fill, according to the CBI's manufacturing snapshot for March. In the monthly Industrial Trends Survey (more…)
#recession#Two#WHO
An investor group has completed the acquisition of a majority interest in GMAC Commercial Holding Corp. (GMACCH) from General Motors…
Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…
#bank#confirming#international
CIT Group Inc., a leading provider of commercial and consumer finance solutions, today announced the retirement of John Canning as…
#CIT#i#leadership
Sluggish growth and lukewarm sales could be a thing of the past for the European factoring industry, according to the…
In a presentation of Banca Lombarda's 2006-2008 business plan, Faissola said loans made by the group's (more…)
#acquisition#bank#leasing
GE Commercial Finance's Business Finance unit has announced it has just completed a double deal with (more…)
One in six UK companies will immediately terminate their contracts with customers who pay late, a survey has found. The…
#cash-flow#late payment#management
The government will also introduce guarantees, insurance and factoring services to assist (more…)
The Carlyle Group has invested US$25m to acquire new shares in a Chinese private credit guarantor for small- and medium-sized…
#ADB#bank#guarantees
Company crediting by banks is still at a low level in Romania compared with other states in the region, which…
#bank#regulation#risk
The factoring bank will be focused on Germany's mid-sized businesses (more…)
#bank#Commerzbank
Small business invoice finance specialists Ashley Commercial Finance Ltd appoint industry veteran to spearhead regional invoice finance operations in the…
#commercial finance#export finance#funding