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CIT Group Records 58% Net Income Growth in January-September...

The CIT Group Inc (which offers a range of financial services including factoring, structured financing, equipment, commercial and consumer financing facilities) has recorded net income of $451.5 million in January-September 2000, an increase of 58% from $285.1 million in January-September...

KBK Capital Corporation Records Sharp Growth in Net Income

KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…

#banks#CIT#economy


UK Government Launches Aid Package for Companies Experiencing Short...

A new Inland Revenue/Customs and Excise unit is to be set up by the UK Government with the aim of…


Euro Sales Finance announces new CFO

Euro Sales Finance plc, the independent European provider of sales finance solutions, today announced the appointment of Bernward Rohmann as…

#BCR Publishing#JP Morgan


Sharp Rise in French Start-up Investment

In the first half of 2000 investment in start-up companies in France rose by over 25% to FF3.4 bn from…


UK Government to Explore Over-indebtedness Causes and Solutions

The UK Department of Trade and Industry has set up a task force to examine the causes of over-indebtedness and…

#interest#trade


Isis Factors Plc Joins Factors and Discounters Association

Isis Factors Plc, a subsidiary of London Scottish Bank and established in 1991, has joined the Factors and Discounters Association…

#bank


March-September 2000 Small Firms Loan Guarantee Scheme Led by...

At Ј30m, NatWest Bank led the list of loans made under the Small Firms Loan Guarantee Scheme during the six…


HSBC Introduces Invoice Finance via the Internet

With the launch of Internet Ledgerline, HSBC Invoice Finance is now offering its range of invoice finance services via the…


ECGD Develops Export Guarantees for Small Companies

Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…

#bank#guarantee#guarantees


UPS Capital Europe Grows

UPS Capital Europe are set to grow and have announced the appointment of a new Sales & Marketing Manager, Guy…

Lloyds TSB Commercial Finance and HPD Software to Develop...

Lloyds TSB Commercial Finance Limited (LTSBCF), the largest provider of factoring services by volume in the UK, has teamed up…

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