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The US Bankruptcy Court in Delaware approved a plan by Berkshire Hathaway Inc and Leucadia National Corp to bail out commercial lender Finova Group Inc, the troubled international financial services company which sold its factoring division to GMAC in August...
The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain…
#international
It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…
#BCR Publishing#CIT#liquidity
The number of businesses going bust increased by more than 15% in the second quarter of this year (compared with…
#bankruptcy#insolvency#management
GE Capital Commercial Finance has announced the launch of a Corporate Finance Division and a new Scottish office, resulting in…
Metropolitan Factors Ltd, the West Sussex based factoring company, have enjoyed good health, financially speaking, in the year ended 31…
#BCR Publishing#invoice
At the Twenty-Seventh Party Congress in 1986, perestroika, Mikhail Gorbachev's program of economic, political, and social restructuring, became the unintended…
#bank#conference#factoring industry
Alex Lawrie Factors, the provider of factoring and invoice discounting, is building on its success by launching a national team…
#bank#BCR Publishing#factoring industry
The companies of the Bibby Group of Factors have launched a free guide to help budding entrepreneurs start-up in business.…
The annual accounts for the year ended 31 December 2000 show that the factoring company Arbuthnot Commercial Finance Ltd have…
The UK factoring and invoice discounting company Lloyds TSB Commercial Finance Ltd, has announced a new service, SolutionsPlus, which provides…
The first Receivables Finance International conference kicked off when a large section of the international factoring community descended on the…
#bank#commercial finance#conference
A recent court decision is set to shake up the way the banking profession and insolvency practitioners manage their appointments…