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Factors and Discounters Association Appoints New Chief Executive Officer

Robin Clarke has been appointed CEO of the FDA, the body that serves the interest of factors, discounters and asset-based lenders in the UK. Robin has been in the industry for over 27 years. He first joined International Factors where...

Tyco Capital to Draw US$8.5bn in Bank Credit

Tyco Capital, the financial services subsidiary of Tyco International Ltd, announced yesterday that it would draw from US$8.5bn in unsecured…

#bank#CIT#conference


Asta Funding First Quarter Revenues Increase 103%

First Quarter Highlights: Revenues increased 103 percent Net Income increased 31 percent to $2.3 million EPS of $0.53 per diluted…


Tyco Capital to Return to CIT Brand

As part of its initiative to prepare for independence, Tyco Capital Corporation, the financial services subsidiary of Tyco International Ltd.,…

#bank#CIT#commercial finance


PMI Shows Services Sector Expands for First Time Since...

Following four consecutive months of contraction, January;s survey recorded a modest expansion of activity within the UK private service sector…


WSA Secure Tyco Capital as a Client

William Stucky and Associates, Incorporated, the US-based provider of Internet services for the asset-based lending industry who market themselves as…


Factored Turnover Increased an Impressive 20% in 2001

Factoring turnover for Bulgaria in 2001 recorded an increase of about 20% and reached a volume of € 96,000,000. The…


Q4 Company Insolvencies Increased in 2001

Statistics showing insolvencies in the fourth quarter 2001 are published today (1 February) by the Department of Trade and Industry.…


FDA Launches 2002 Staff Forums

Series of forums to kick off with the rise and fall of Nick Leeson. The Factors and Discounters Association (FDA)…

#forum#training


FDA Launch Day Courses

FDA launches new day courses to improve skills and knowledge across the industry. The Factors and Discounters Association (FDA) has…

#insolvency#invoice#management


PMI Shows Easing of Manufacturing Contraction

The UK Purchasing Managers’ Index (PMI- a composite indicator designed to provide an overall view of the manufacturing economy) released…

#economy


Bibby Research Shows 2001 was a Turbulent Year for...

Within the next 12 months 64% of Britain's small business owners and managers are vowing to devote more time to…

City Invoice Opens For Business in West Midlands

Manchester-based factoring and invoice discounting company City Invoice Finance has established a base in Wolverhampton to cover the West Midlands…

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