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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 be headed up by Mr Tibor Lowy as president. OFEK has also announced a $1m private placement with SMI (SecondaryMarkets.com,...

#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


Alex Lawrie Into Scotland

Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is…

#capital requirements#commercial finance#invoice


Fortis Launches New Client Service Charter

Fortis Commercial Finance today unveiled an innovative Client Service Charter aimed at setting new standards of customer care for SME's…


Citibank Completes Acquisition of Bank Handlowy w Warszawie

It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…

Forenede Factors Bought By NCM Holding NV

One of Denmark’s factoring industry leaders, Forenede Factors, has been bought from Den Danske Bank by the Netherlands company, NCM…

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