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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 signature. In 1996 Pmfactors.com introduced the first complete internet accounting interface so that its factoring clients would be able...

#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


Factoring Helps Sterling Bancorp Achieve Record Results

The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December…

#financial services#trade


CIT to Provide Trade Finance on the Internet with...

CIT Commercial Services, the USA’s largest provider of factoring, has today announced an agreement with Commfin, an internet portal that…

#CIT#CIT Commercial Services#platforms


GMAC Confirms Bank of America Purchase

BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of…

#bank#Bank of America#Commercial Credit


Southwest Financial Inc. Executive Pleads Guilty to Fraud.

An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…

#bank#banks#Two


EDS and Primestreet Collaborate to Enhance Online Credit Solutions...

The global services company EDS and the credit-solution enabler, Primestreet announced on Friday 12 January 2001 a comprehensive agreement to…


GMAC Purchase of Bank of America Commercial Finance Likely...

Further to our report of 1 December 2000, it is understood that the announcement of GMAC’s intention to purchase Bank…

#bank#Bank of America#BCR Publishing


CIT to Develop its E-Commerce Interests via Agreement with...

CIT Commercial Services, the leading US factoring company, has entered into an agreement with RetailExchange.com, the online business-to-business exchange for…


Possible Bank of America Commercial Finance Sale

An announcement of the sale of the US division of Bank of America Commercial Finance is expected next week. It…

#bank#Bank of America#BCR Publishing

Asta Funding to Use Record Earnings to Develop Factoring...

The New Jersey based consumer receivables and management company Asta Funding Inc. has today reported results for its fiscal year…

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