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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 the Factors and Discounters Association showing that factoring has never been in healthier state. The FDA currently has over Ј5.5...

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…


FDA Half Yearly Figures Show 26% Increase in Funding

The FDA has today published its review of the first half of 2000. The results published in the review are…


FMN Financial Limited’s Annual Accounts released

The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July…

#bank#commercial finance


Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…

#i#management


West LB Bank Plan Indian Operation

The German based bank West LB are planning the launch of a new export factoring service in India, where they…


Byers: “A new economic policy for the new economy.”

Trade and Industry secretary, Stephen Byers, has today announced plans to establish new manufacturing centres of excellence in an effort…

#e-commerce#small business#smes

Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…

#account receivables#receivables

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