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Distinctive Solutions Sells its 500th Factoring System

Distinctive Solutions Corporation, the specialist provider of software for the factoring industry, sold its 500th factoring/asset based lending software system February 26th to CFI in New York. “We have been providing software to the commercial finance community since 1982.” said...

#BCR Publishing#commercial finance#factoring industry

Bayside Business Solutions Launches its FactorSoft Enterprise Oracle Edition

Today the Santa Monica (California) based custom software provider, Bayside Business Solutions, have launched their Enterprise Oracle Edition of FactorSoft.…

#Oracle#security#software


Heller Financial Discontinues SBA Loan Origination

Heller Financial, Inc., the worldwide commercial finance company, today announced that after an extensive review of strategic alternatives, it will…

#cash management#commercial finance#management


First Coastal to Launch Factoring Service.

First Coastal Bank, based in El Segundo, California, has announced that it will begin to market a factoring and accounts…


A Fraud Caught in Time and the Lessons Learned

by Ken Walsleben Introduction: On Wednesday, October 4, 2000, I received a promising call from a broker introducing a New…


Closing Clients Electronically

by Pat Stiehm As we all know in the factoring business, we usually have a short window of opportunity to…

#accounts payable#conference#e-commerce


The Advantages and Limitations of Guarantees

by D. Brent Wells Introduction As long as extension of credit has driven commerce, creditors have been wary of accepting…

#frauds#guarantees#insolvency


CIT And 7thOnline in Alliance to Provide Financial Services...

CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…


BB& T to Provide Secure Web Site for Clients

van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…


First Digital Signature Contract for Asset Based Lending Introduced...

1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a…

#digital#funding#software


CIT, Sinopac and C-ME to be Joined in Financing...

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a…

#bank#exporters#international


Asta Funding Reports 45% Increase in Net Income in...

The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…

#financial services#funding#management

Asta Funding Reports Acquisitions of Finance Receivables

The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…

#financial services#funding#i

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