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Capital Bank Cashflow Finance Limited’s Annual Accounts Released

Capital Bank Cashflow Finance Limited today released their annual accounts for the year ended 29 February 2000. Turnover has fallen by 27.7% to Ј17,628,000 from the 1999 figure of Ј24,394. Pre taxation profits have fallen by 38.8% to Ј1,235,000 from...

Merger of Bank Zachodni and WBK Announced

Two of Poland’s major banks with factoring divisions, Bank Zachodni SA and WBK (Wielkopolski Bank Kredytowy SA) have today announced…


Keppel Tatlee Finance Ltd Launches New Online Service for...

Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…


Accord Financial Corp. Enjoying Record Activity

Ken Hitzig CEO Accord Financial Corp. has reported record activity in one of its wholly owned subsidiaries JTA Factors Inc.,…

#Accord Financial#Accord Financial Corp#cloud


CIT Forms Strategic Alliance with Ftadirect.com

CIT Commercial Services has announced a strategic alliance with FTADirect, a leading online business-to-business marketplace for the textiles and finished…

#CIT#CIT Commercial Services#credit protection


GMAC Joins Global Financing Network

GMAC has joined the eCredit.com Global Financing Network as a financing partner. The Global Financing Network connects businesses to global…


COMFEX: FDA Chairman Outlines What’s in Store for the...

The Commercial Finance Show opened at the Barbican in London yesterday with a report by Mr David Marsden chairman of…


Client of Presidential Financing Pleads Guilty to Wire Fraud

Lawrence Rosenzweig of the Barridon Corporation has pleaded guilty today in a federal court to the charge of “wire fraud”,…


Finatra acquires Premium Asset Recovery Inc.

Finatra Captial Inc has announced plans to buy Premium Asset Recovery Inc. a factoring company specialising in the collection of…

#acquisition#WHO


Heller announces new General Counsel

Heller Financial Inc. has today appointed Mark Ohringer to General Counsel effective immediately. Ohringer joined Heller’s legal department in 1993…


OFEK Forms New Factoring Company

OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…

#e-commerce


LOFAC Enhance CTS Service

In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more…

#BCR Publishing

On-Line Factoring comes to Sri Lanka

Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…

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