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by Ken Walsleben Introduction: On Wednesday, October 4, 2000, I received a promising call from a broker introducing a New Jersey based prospect. The prospect, Betty Crocker, was purportedly a government contractor working with the Department of Defense. The broker...
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
by D. Brent Wells Introduction As long as extension of credit has driven commerce, creditors have been wary of accepting…
#frauds#guarantees#insolvency
CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…
van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…
1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a…
#digital#funding#software
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
The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…
#financial services#funding#management
The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…
#financial services#funding#i
The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December…
#financial services#trade
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
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
An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…
#bank#banks#Two