Sequoia National Bank has announced that it has filed a lawsuit against Peter Behr, Jr., Richard Hatfield, Daniel Holland, Robert Johnson, Paul Van Etten, and certain affiliated companies.
SunTrust Banks, Inc. today announced that its Receivables Capital Management unit, formerly known as SunTrust Bank Factoring, has opened a new office in High Point, North Carolina, and enhanced the management of its New York office.
A nationwide survey sponsored by CollectionIndustry.com shows that 80 percent of Americans stand ready to pay their debts in the normal way, despite deep-running financial troubles.
It can be a fair bet that financial models adopted in the USA eventually make their way to the rest of the world in one form or another.
Mr. Joe Grimaldi, the chief executive officer of the USA’s second largest factoring company, GMAC Commercial Credit, has been dismissed from his position.
Asta Funding Inc, a leading consumer receivables asset management and liquidation company which also factors commercial receivables, today announced that it projects a 40% increase in earnings growth for 2001.
KBK Capital Corporation, which provides financial services to middle-market businesses, today reported its operating results for the third quarter and first nine months of 2001.
