Electronic Interchange Between Manufacturers and Retailers
By Joseph J. Richardson Senior Vice President Operations and Administration CIT Commercial Services
By Joseph J. Richardson Senior Vice President Operations and Administration CIT Commercial Services
By Tobi Wilkins Quantum Corporate Funding, Ltd.
by Bennett L. Cohen, General Counsel Cohen, Salk & Huvard, P.C.
The IFA’s Board of Directors for 2000 came up with a Code of Ethics for the Association and has been successfully promoting this code. The Code of Ethics is as follows:
Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity that such firms provide to agricultural brokers and, indirectly, to growers.
Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing consumer receivables, today reported results for its second quarter ended 31 March 2001.
Sterling Bancorp today announced record figures for the three months ended 31 March 2001. Net income for their factoring operation had risen by 28.5% to $1,401,000 from Ј1,090,000 in the corresponding period of 2000.
The Fort Worth-based provider of financial services, including factoring, KBK Capital Corporation, announced on 6 April that they expect to be unprofitable in the quarter ended March 31, 2001, due to a specific increase in its loan loss allowance
Greater Bay Bancorp, a $5.1 billion in assets financial services holding company, announced that it has completed the acquisition of CAPCO Financial Company, Inc., a factoring and asset-based lending company headquartered in Bellevue, Washington.