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Eurofactor Enters the Thames Valley

Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business, under the leadership of Russell Warner and Phil Oakes, to focus on small and medium-sized growth-led enterprises in the M3...

#funding#invoice#leadership

Venture Finance Offers Free Bad Debt Protection for SMEs

Invoice and asset-based finance specialists Venture Finance PLC last week launched a free bad debt protection service for small to…

#ABN AMRO#bank#invoice


CEO of GMAC Commercial Credit Dismissed

Mr. Joe Grimaldi, the chief executive officer of the USA’s second largest factoring company, GMAC Commercial Credit, has been dismissed…


Raft of New Bills, Including Factoring Legislation, is Deemed...

Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…

#bank#factoring legislation#management


BBVA Factoring Plans Expansion of Product Range

BBVA Factoring, the factoring arm of Spanish bank BBVA (and the Spanish industry’s largest player with a market share of…

#bank#BBVA#Paid


Bibby Research Shows Confidence Growing Amongst British Exporters

Despite a high pound and international uncertainty, Britain’s export sector remains buoyant according to research from leading business finance providers…

#business finance#exporters#financial services


Asta Funding Projects 40% Earnings Growth for 2001

Asta Funding Inc, a leading consumer receivables asset management and liquidation company which also factors commercial receivables, today announced that…

#asset management#funding#management


GE Completes $5.3 Billion Acquisition of Heller Financial

General Electric Capital Corporation (GE Capital), a diversified financial services company and subsidiary of the General Electric Company, today announced…

#commercial finance#credit risk#financial services


Hansabanka to Increase Share Capital

It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…


Privatisation of Banca Comerciala Romana to Proceed at Cautious...

It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…

#bank#banks#BCR Publishing


Canbank Factors’ MD Attributes Good Performance to Portfolio Management

Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…


GE Capital's Acquisition of Heller Financial cleared by EU

The European Commission said it has cleared General Electric Co's General Electric Capital Corp unit Hawk Acquisition Corp's acquisition of…

#acquisition#European Commission

Exim Director Claims War Could Benefit Indian Factoring Industry

A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…

#bank#Exim Bank#exporters

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