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Factoring Expected to Lead KBK Back to Profitability After...

KBK Capital Corporation, which provides financial services to middle-market businesses, today reported its operating results for the third quarter and first nine months of 2001. For the three-month period ended 30 September 2001, the company reported a net loss of...

Profits Forecast for Dynamic Commercial Finance in 2002

Bear points Currently a relatively small player Yet to establish national coverage Bull points Well placed to grow its client…


Asta Funding, Inc.'s Board Authorizes Stock Repurchase Program

Asta Funding, Inc, the New Jersey-based financial services company, announced today that its board of directors has authorized the repurchase…


Alex Lawrie Factors Announces New Online Service to Improve...

Alex Lawrie Factors, the provider of factoring services and specialist division of Lloyds TSB Commercial Finance Ltd, has launched a…

#BCR Publishing#Boost#commercial finance


Bibby Trade Finance Appoints New Regional Manager

Bibby Trade Finance has appointed Michael Andrew as regional manager responsible for sourcing and developing new business opportunities for Northern…

#business finance#cash-flow#funding


GTF Targets Export Factoring Business Worth $200m

Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…

#bank#exporters#global trade


Man Sentenced for Selling Accounts Receivable of Fictitious Company

O’Rane Cornish, former controller of 6C/Dahcor Industries Inc, a Tennessee corporation, was sentenced for swindling two companies out of nearly…

#MAN#Two#WHO


Banks Hope for Rethink on Small Business Report

The Competition Commission has met several times since the September 11 attacks on the US to consider its recommendations for…


Japan Pushes for Radical Approach to End Bad Debt...

Japan's parliament is preparing legislation this week that will empower the Resolution and Collection Corporation (RCC) to purchase a larger…


CIT Group Accused of Running a Factors’ Monopoly

Donald Wiener, who runs the dress chain Dresses For Less, is suing CIT Group and other accomplices, accusing them of…

#3M#banks#CIT


Berkshire Hathaway Drops Finova Offer

Warren Buffet’s Berkshire Hathaway Inc dropped its offer for $500m in notes from Finova Group Inc. Berkshire could end the…


Bibby Group Adds to its Factoring Teams

Bibby Factors Northeast has appointed Aidan Jewitt business development manager responsible for sourcing and developing new business opportunities throughout the…

#American Express#bank#Business Development Manager

Bibby Financial Services Launches SME Guide to Recruitment

According to recent research by leading business finance firm Bibby Financial Services, 50% of small business owners and managers in…

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