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ES Bankest, the Miami-based factoring company, has sued its former auditor BDO Seidman for malpractice alleging... (more…)
Competition from a new breed of small- and mid-size factors has forced the industry, once dominated by a few large…
The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, ended 2005…
#acquisition#bankruptcy#interest rates
GMAC Commercial Finance (GMAC CF) has announced the immediate promotion of three executives to new roles within the company's US Commercial Services…
1st Commercial Credit has introduced a new financial product that will expedite import and export trade finance (more…)
#financial services#international#purchase order
The Bibby Group has in recent years embarked on a challenging growth strategy driven by a unique business model of…
#financial services#funding#smes
Surecomp, a leading provider of global trade solutions for the financial services community, today announced that its flagship trade finance…
#banks#financial services#global trade
Wachovia Corp. has dropped out of bidding for a 51 per cent stake in General Motors Corp.'s finance unit, according…
A consortium headed by Citigroup Inc's private-equity unit and Cerberus Capital Management is reportedly the favoured bidder for a majority…
Despite the slew of large corporate insolvenciesthat have sent shockwaves through the business world in recent years, only a small…
#insolvencies#insolvency#management
Chinese importer Fiamma Leather, is offering a new service that gives retailers 60-day, interest-free financing on finished goods as they…
The sale of the Capital Group loan portfolio, consisting primarily of "factoring" type loans, will result in a first quarter 2006 gain…
#bank#interest#leadership
General Motors could show tangible progress by the end of March in its efforts to sell a stake in its…
#bank#interest#investment