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Growth of Manufacturing Continues into Fourth Month

Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an overall view of the manufacturing economy) signalled manufacturing growth for the fourth successive month. The index rose slightly for the...

Agricole Increases Stake in Comit

The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in…

#bank#Credit Agricole#Italian factoring


Germany is Europe’s Fastest Bill Payer

A survey conducted by Dun & Bradstreet, the business information group, has shown that German companies on average are the…


Singer & Friedlander to be Taken Over?

Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb…


Bank of England Votes to Maintain Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…

#bank#Bank of England#interest


New Sales Manager for Bibby Factors Bristol Ltd

Bibby Factors Bristol Ltd, part of the Bibby Group of Factors (the largest non-bank owned factoring organisation in the UK),…

#bank#BCR Publishing#cash-flow


Natwest Launch Committed Overdraft

From today, Natwest’s small business customers can benefit from a clear overdraft commitment of up to 12 months with the…


Financiers Back Single Market

Leading European banks and insurers have formed a discussion and lobbying group to support the completion of the single market…

#Allianz#bank#Deutsche Bank


Singer & Freidlander Factors Ltd’s Annual Accounts Released

Singer & Freidlander Factors Ltd today released their annual accounts for the year ended 31 December 2000. Turnover has fallen…


Distinctive Solutions Sells its 500th Factoring System

Distinctive Solutions Corporation, the specialist provider of software for the factoring industry, sold its 500th factoring/asset based lending software system…

#BCR Publishing#commercial finance#factoring industry


GE Capital Commercial Finance Limited Joins Factors and Discounters...

GE Capital Commercial Finance has become the latest member of the Factors and Discounters Association - the trade body representing…


Bayside Business Solutions Launches its FactorSoft Enterprise Oracle Edition

Today the Santa Monica (California) based custom software provider, Bayside Business Solutions, have launched their Enterprise Oracle Edition of FactorSoft.…

#Oracle#security#software

Heller Financial Discontinues SBA Loan Origination

Heller Financial, Inc., the worldwide commercial finance company, today announced that after an extensive review of strategic alternatives, it will…

#cash management#commercial finance#management

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