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CIT Group Inc. announced today that its Commercial Services business unit has acquired a substantial portion of the U.S. factoring assets of GE Commercial Services, a division of GE Corporate Financial Services, totalling approximately $446 million. Terms of the deal...
Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn…
Financial and legal experts have warned that the government's effort to halt the rising tide of business fraud is failing…
Positive news was received on Tuesday (30 September) regarding the Finnish economy. Businesses expressed firmer confidence in the future in…
#economy#European Commission#GDP
Century Business Credit Corporation, one of the largest bank-owned factoring companies in the world, has changed its name to Wells…
The reluctance of some banking institutions to facilitate the use of the lines of credit made available through the Central…
Since 1961, hundreds of thousands of small businesses have obtained financing that might not otherwise have been available to them…
#financial institution#guarantee#leasing
Small- and medium-sized businesses are set to win more contracts from central and local government. Ministers have promised to get…
GE Corporate Financial Services announced today it has purchased NMB Heller Ltd UK from NMB Heller Holding N.V. The transaction…
#bank#commercial finance#ING
According to Chanin Yensudchai, managing director of Paolo Medic, operator of the Paolo Memorial Hospital, unlisted Paolo Medic is about…
Miami-based factoring company E.S. Bankest collapsed this month with debts of at least $170 million, leaving creditors and clients asking,…
The Czech Republic has attracted foreign investment worth Kc1.27 trillion (Kc127,000 per capita) the largest amount in central and eastern…
Experts from European governments and the private sector discussed the challenges facing small enterprises in Europe and presented their enterprise…