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commercial finance

Specialist ABL risk management venture launched

Former Lloyds TSB Commercial Finance Senior Manager, Richard Turvey and has launched a joint risk management consultancy venture (more…)

#commercial finance#invoice#management

EFG extension “not enough” to aid small businesses

Managing Director of Venture Finance Peter Ewen claims that the extension of the government s Enterprise Finance Guarantee scheme, announced…

#cash-flow#commercial finance#management


CODIX signs agreement with Eurofactor

Software company CODIX has signed a deal to provide software solutions to the Eurofactor Group beginning with (more…)

#CODIX#commercial finance#debt collection


Romania: ‘seven-fold potential’

Romania seems to be a one of the most attractive factoring markets in Europe at the moment, with a number…

#bank#commercial finance#conference


Ashley Commercial Finance announce yearly result

Cheshire-based Ashley Commercial Finance yesterday released their financial results for the year ended 31st March 2009, announcing a pre-tax profit…

#bad debts#commercial finance#invoice


Financial advisers deem asset based lending a ‘core funding...

A recent survey of corporate financial advisers conducted by Centric Commercial Finance has revealed promising results for the factoring and…

#cash-flow#commercial finance#invoice


Poaching clients – blood in the water

It seems that during these troubled times, not everyone is playing fair when it comes to receivables finance. While some…

#bank#commercial finance#invoice


Commercial Finance Association release asset-based lending index for third...

The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index for the third quarter of 2009, revealing a…

#Asset-Based Lending Index#bank#Clear


US factor opens CIT 'hotline'

A US factoring firm has re-launched a specialised hotline directed at CIT factoring customers who may be looking for an alternative factoring…

#CIT#commercial finance#confirming


Trouble in the two-factor system

Dirk Van Strijthem, CEO of KBC Commercial Finance in Belgium, gives Factorscan his views on the precarious future of the…

#commercial finance#exports#international


CIT files for bankruptcy

CIT Group has filed for bankruptcy, it was announced today. (more…)

#bankruptcy#CIT#commercial finance


CIT counter Icahn's criticism of restructure plan

CIT Group, parent bank of CIT commercial finance, have deemed billionaire investor Carl Icahn s letter to bondholders inaccurate (more…)

#bank#cash-flow#CIT

Leumi ABL buys Charterhouse client book

Charterhouse Commercial Finance have withdrawn from factoring and sold their client book to Leumi ABL (more…)

#asset-based lender#bank#commercial finance

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