CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a major B2B provider of web-based merchandising technology and services for the fashion industry, have announced an alliance to
van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to design and implement a web site for BB&T Factors.
1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a digital signature.
The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a tri-party financial platform.
The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of non-conforming consumer receivables, today reported results for its first quarter ended 31 December 2000.
The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company, had acquired the finance receivables and customers of two factoring companies.
The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December 2000, reporting a net income of $16.6m for the year and $4.5m for the quarter.
CIT Commercial Services, the USA’s largest provider of factoring, has today announced an agreement with Commfin, an internet portal that provides online trade finance solutions for business to business exchange participants.
BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of 31 December 2000.
An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of fraud in schemes which cheated investors out of more than $13million.
