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Polish factor seeks strategic investor

In November, the Eurofaktor factoring company will increase its capital to ZL30m, with new stock to be taken over by a commercial law company. However, Eurofaktor is still looking for a strategic investor. According to Kazimierz Abrahamczyk, the company's general...

JMH Financial Services Group acquires Demica Plc

It has been announced that the JMH Financial Services Group has made a recommended offer to acquire Demica plc. This…

#acquisition#financial services#international


SME manufacturers facing “torrid times”

According to a new survey by the Confederation of British Industry (CBI), small and medium sized manufacturers have seen orders…


FDA statistics for quarter ended September 2002 show decrease...

The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased…

#credit protection#invoice#management


Accord Financial Corp. posts Q3 and nine-month results

Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…


GE Capital Commercial Finance Records Increase in Turnover and...

GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported…


Cattles Invoice Finance Results for 2001 show Increase in...

Cattles Plc. has released its annual report and financial statement for the year ended 31 December 2001. The Corporate Division…

#invoice#management#trade


ECGD of India unveils Maturity Export Factoring scheme

Declaration of the Vallarpadam and Puthuvypeen areas as special economic zones will reduce the cost of the proposed trans-shipment terminal…


Wells Fargo appoints new factoring vp for Alaska and...

Twenty-year banking veteran Kathleen Tye was recently named vice president and business development officer for factoring services for Wells Fargo…

#Vice president#WHO


Factors face increased competitive pressures and financing difficulties

Greater competition and financing problems herald significant changes for Chile's factoring industry, local financial daily El Diario reported. The reduction…


Currencies and Interest Rates: Dollar Falls as ECB and...

The dollar was weak across the board yesterday after monetary policy makers in Europe failed to follow the US Federal…

#ABN AMRO#bank#Bank of England


Insurance Problems For SMEs Should Prompt Extra Vigilance From...

The Federation of Small Businesses, with a membership of 170,000, has expressed concern that a number of small businesses were…

State Agencies Plan ‘Soft’ Loans to SMEs

Three state lending agencies will combine their efforts to extend soft loans of at least 10 billion baht to people…

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