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According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately Ј60m, is known to have made deals totalling Ј495,209 with Carl Cushnie Jr, the son of the company’s founder. These...
#banks#trade#WHO
Two members of the group of wealthy individuals that helped fund Versailles, the trade finance group which collapsed in January,…
Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…
#channel#interest#trade
The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…
#banks#international#invoice
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables
There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…
#bank#BCR Publishing#CIT
The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under…
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding
According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…
Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…
Alliance & Leicester is trying to put together a joint venture with an invoice discounting and factoring supplier to offer…
Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…
#investment#invoice#management