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Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business. Puntrika Baingern, the TFA president, said (more…)

#bank#interest rates#international

TSS Financial closes US$165 million syndicated asset-based financing deal

TSS Financial served as deal originator and consulting agent for the borrower and assisted with the syndication. The facility was…

#bank#Bank of America#bonds


Hansa Lizingas opens first office in Marijampole

According to Hansa Lizingas  management, the decision to expand in this town was prompted by the growing number of factoring and…

#bank#leasing#management


GM recognises GMAC goodwill impairment in Q4

General Motors Corp. said late Thursday it will recognise a previously reported goodwill impairment charge of (more…)

#bankruptcy#commercial finance


PrimeRevenue executive recognised as top supply chain finance professional

 Supply and Demand Chain Executive magazine's 2006 Pros to Know  top industry professionals annual award recognises supply chain innovators based…

#cash-flow#Nexus#supply chain finance


CIT looking for European factoring acquisitions

CIT Group Inc., one of the largest US commercial and consumer lenders, is actively looking to acquire a European company…


Enterprise Finance Europe South West & Wales agree a...

South Wales-based Island Steel is benefiting from a new £10m facility put in place by Enterprise Finance Europe (EFE), a…


Davenham trade's up

The Birmingham office of Davenham Trade Finance, a leading, independent asset-based lender to the UK SME sector, has appointed as…

#asset-based lender#bank#commercial finance


The cost of bad debt to UK firms soars

British Firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their…

#Atradius#financial services#insolvency


Factoring comes of age in the Middle East

Asset finance products such as factoring are starting to take off in the Middle East despite continued concerns over (more…)


Renewed KKR bid boosts GMAC sale effort

General Motors efforts to sell a majority stake in its finance unit received a boost after it was revealed that…

#bank#Consortia#financial institution


Invest, be brave and win

Figures just released by the FDA show the invoice finance is rapidly growing in popularity for small- and medium-sized enterprises…

Enabling the non-limited sector to obtain much-needed credit

Experian , the global information solutions company, has launched a unique Business Owners Report service to predict the likelihood of…

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