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Italian factoring company recapitalises after heavy losses

MPS Leasing & Factoring recapitalises for EUR500 million after hard 2013 and 2014 (more…)

#bank#Italian factoring#leasing


Bayside announces updates to CADENCE system

Updated version of portfolio management software released (more…)

#i#invoice#management


Investor acquires large stake in factoring company

Noted Thai investor now largest shareholder of Siam General Factoring (more…)

#receivables


ABFA members tune in at Birmingham’s Symphony Hall

Annual conference well received by delegates (more…)

#bank#conference#invoice


Deutsche Leasing seeks to acquire Deutsche Factoring Bank

Leasing company intends to purchase Landesbanken shares in order to strengthen savings banks partners in factoring market (more…)

#bank#banks#leasing


HSBC Bank USA appoints new global trade and receivables...

Inwha Huh joins from GE Capital as head of GTRF, US and Canada (more…)

#bank#emerging markets#receivables


Chinese car part manufacturer secures USD5 million from DS-Concept

International factoring specialist provides non-recourse export factoring facility for firm (more…)

#exports#international#international factoring


Bibby extends USD7 million to packaging company

Recourse factoring facility for manufacturer in the Midwest (more…)

#financial services#management#recourse factoring


Creating opportunities

trfnews talks to Tim Davies, recently appointed Head of Origination at Demica, about his new role and about the opportunities…

#Aldermore#bank#Bank of England


Tianjin grants commercial factors access to central bank credit...

Commercial factoring companies in Tianjin Free Trade Area granted use of People's Bank of China resource (more…)

#bank#Bank of China#credit risk


Bayside Business secures new CADENCE client

Texas transport factor to implement Bayside's CADENCE for Factoring service (more…)

#transportation factoring#Vice president

New data-driven supplier funding programme announced

GT Nexus and Seabury TFX launch programme that bases funding for suppliers on performance history data (more…)

#cloud#liquidity#Nexus

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