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First Coastal to Launch Factoring Service.

First Coastal Bank, based in El Segundo, California, has announced that it will begin to market a factoring and accounts receivable financing programme in order to attract the custom of young, entrepreneurial companies. There are few details available presently, but...

A Fraud Caught in Time and the Lessons Learned

by Ken Walsleben Introduction: On Wednesday, October 4, 2000, I received a promising call from a broker introducing a New…


The Advantages and Limitations of Guarantees

by D. Brent Wells Introduction As long as extension of credit has driven commerce, creditors have been wary of accepting…

#frauds#guarantees#insolvency


Closing Clients Electronically

by Pat Stiehm As we all know in the factoring business, we usually have a short window of opportunity to…

#accounts payable#conference#e-commerce


FS-Banken and SEB Announce Merger

Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the…


Factoraje Comercial America Reports Fourth Quarter and Full Year...

Factoraje Comercial America S.A. de C.V., the factoring subsidiary of one of Mexico’s leading insurance companies (Seguros Comercial America), today…

#insurance


LDP to Aid Small Companies

Japan's ruling Liberal Democratic party is preparing measures to help small and medium-sized businesses weather the increasingly difficult economic environment,…


CIT And 7thOnline in Alliance to Provide Financial Services...

CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…


City Invoice Finance joins Euro Sales in link-up with...

The Co-operative bank today has become the first bank to offer small business customers a choice of factoring and invoice…

#bank#financial services#First Bank


BB& T to Provide Secure Web Site for Clients

van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…


Germany’s DG Bank and GZ Bank to Merge

DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…

#bank#banks#Rabobank


Factors & Discounters Association Figures Show 18% Increase in...

The FDA released its statistics for the last quarter of 2000 and the year ending December 2000. The figures show…

GLE Invoice Finance Plans to Float on AIM

The Kent based factoring company, GLE Invoice Finance, is planning to float on the alternative investment market later in the…

#commercial finance#IGF#Independent Growth Finance

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