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Med Diversified receives bankruptcy court approval for post-petition factoring...

Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved the Company's and certain subsidiaries' ("Subsidiaries") entry into a post-petition factoring agreement with Florida-based Sun Capital Healthcare, as well as...

#acquisition#bankruptcy#management

Bank of America completes first syndication of asset based...

The European Business Credit Group of Bank of America (BABC) has today announced that it has completed the syndication of…

#bank#Bank of America#commercial finance


Financing and factoring firm lists shares on PSE

The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…

#investment#receivables


Catalan fund to help SMEs prepares three new investments...

FonsInnocat, the capital risk fund of the regional government of Catalonia, Spain, created in May 2002 to help innovative SMEs,…


Analyses on credit insurance markets in Canada, Australia and...

BCR has today added to its factorscan website three articles on private and public credit insurance markets in Canada, Australia…


An overview of GE Capital’s changing relationship with General...

The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once…


Number of SMEs falls

The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…


Niche bank to target SMEs with factoring and leasing...

Chile's Banco Progreso said that it would start operating as a niche bank in 2004, with a focus on small…


A.M. Best affirms rating of Assurances Generales de France

A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…

#acquisition#Allianz#international


UK growth in Q3 appears to be at fastest...

Government statisticians say that the UK's economy grew by its fastest rate in nearly three years during the third quarter…


Company insolvencies increased in 2002

The number of businesses failed in the fourth quarter of 2002 increased by 4.6 per cent compared with the fourth…


Banking system posts US$594mn profits in November but show...

Chile's banking system had profits totaling 492bn pesos (US$594mn) for November, up 7.03% compared to the previous month, banking regulator…

Highams Systems release interim results for the six months...

Highams Systems have released its financial results for the six months ended 30 September 2002. The company reported a turnover…

#bank#financial services#software

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