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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. A press release was not issued at the time as “such acquisitions are a normal course of...
#bank#Bank of America#Commercial Credit
HPD Software, providers of secured asset finance solutions and services, has announced that as part of its long-term growth strategy,…
#BCR Publishing#commercial finance#invoice
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
The International Factors Association and the commercial finance software company, Distinctive Solutions, are holding their seventh annual factoring conference in…
#commercial finance#conference#international
Merchant Trade Finance Limited and Merchant Commercial Finance Limited today released their annual accounts for the fifteen months ended 29…
#commercial finance#Deloitte#international
An announcement of the sale of the US division of Bank of America Commercial Finance is expected next week. It…
The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July…
#bank#commercial finance
Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is…
#capital requirements#commercial finance#invoice
Lloyds TSB Commercial Finance Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen…
#BCR Publishing#commercial finance
France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…
#commercial finance#international#international factoring
Fortis Commercial Finance Up and Running Fortis Bank Commercial Finance and FMN Financial will from now on be working together…
#bank#commercial finance#insurance
Belgo Factors, FMN Finance Housing and Ace Factors, the Belgian factoring companies, are merging today to form Fortis Commercial Finance…
#commercial finance#international#management