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Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming a member of Factor's Chain International. Mike McNeill, Cutfin sales and marketing head, said: “As more and more companies gear...
#international#international factoring#risk
Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in…
#BCR Publishing#commercial finance#insolvencies
The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued…
Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default…
#banks
Year end results to 30 June 2001 Euro Sales Finance (“ESF”), the pan European sales finance company, today announces its…
The Lisbon-based Banco Espirito Santo, the principal subsidiary of the Espirito Santo Financial Group S.A., today announced its 2001 First…
Faster access to invoice finance is being offered electronically by Royal Bank of Scotland’s commercial services arm. Through the KeyCash…
Manufacturing has suffered its worst quarter since 1991, official figures showed, confirming that the industry has gone into recession. Although…
The board of the stricken factoring company, Euro Sales Finance plc, has today issued draft accounts for the year ended…
#BCR Publishing#funding#i
It is thought that GE Capital’s acquisition last week of Heller Financial for $5.3bn, whilst significant in the broader context…
Many companies in the UK are delaying payment of their invoices as a means of bolstering their cash flow as…
#cash-flow#Jobs#late payment
Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…
#financial services#funding#management
Statistics showing insolvencies in the second quarter 2001 are published today by the Department of Trade and Industry. Company Insolvencies…
#insolvencies#trade