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Dynamic powers to first profit

Dynamic Commercial Finance plc, the factoring and invoice discounting company founded in 2000, has reported a pre-tax profit of Ј206,000 for the year ended 31 December 2003. This contrasts with losses of Ј96,000 in 2002 and Ј663,000 in 2001. Turnover...

Financial veterans launch new asset-based lending venture

A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim…


Finance expert to lead new Enterprise Finance Europe regional...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has appointed one of the region's best-known corporate finance…

#bank#corporate finance#i


Private sector close to finalising first SME loan-backed asset-backed...

Inderjit Singh, chairman of the Action Crucible for Financing, said today Singapore is putting finishing touches to its first asset-backed…


Aid programmes revive export finance

Export credits are being revived through aid programmes recently established by Australia, EU members and Japan. Vietnam and the EU…

#bank#exporters#guarantees


Factoring executive gets four-year sentence for fraud

An executive of National Century Financial Enterprises Inc. will spend four years in jail for her role in the alleged…


Demica research reveals demand for lower cost, asset-backed finance

Despite positive economic progress across Europe, new research published today by Demica highlights the polarity between the levels of financial…


Report on short-term credit options

Most bank credits in Saudi Arabia are short-term in nature; they are usually self-extinguishing overdraft facilities or loan terms of…


Top 10 factors assets total Ps 10,446

Following the 1994-95 peso crisis, factoring firms (empresas de factoraje financiero) struggled to restructure their own debt and faced portfolios…

#banks#crisis#non-recourse factoring


Fortis Lease increases market share through real estate leasing...

Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from…


Factoring bank issues convertible bond

Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…

#Banca IFIS#bank#Italian factoring


Carma Financial Services Corporation acquires debt recovery firm

Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into…

#acquisition#financial services#management

Citibank looks to SME sector

Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…

#Access to Finance#acquisition#bank

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