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commercial finance

Charterhouse's factoring arm posts '05 loss

The factoring arm of Charterhouse Finance plc has posted a pre-tax loss of £224,736 for the period April 2004 to September 2005. The results up to 30 September 2005 showed income of £86,096. Charterhouse Commercial Finance (CCF) was launched in 2005...

#cash-flow#commercial finance#invoice

GMAC taking US$450m goodwill charge

 In an 8-K filing, General Motors stated that the impairment charge stems from GMAC's 1999 acquisition of (more…)

#acquisition#bank#commercial finance


China's policy banks step into new phase of development

China pledges to start reforming its three policy banks, namely China Development Bank (CDB), the Export-Import Bank of China (EIBC)…

#bank#commercial finance#conference


CTI Capital Management names ABL Group head

An Orlando-area institutional investment management firm, has announced the appointment of (more…)

#bank#commercial finance#investment


Landsbanki Commercial Finance provides funding package to Charterhouse Food...

Landsbanki Commercial Finance (LCF) has provided a £2.55 million funding line to help The Charterhouse Food Group Ltd (CFG) complete…

#commercial finance#management#regulation


Head of asset-based lending group to retire

Wells Fargo Co. has announced that the head of its asset-based lending group, plans to retire at the end of…

#commercial finance#financial services#investment


Bancolombia S.A. announces planned acquisition of factoring company

Bancolombia S.A. has revealed that that it has issued a proposal for the acquisition all of the outstanding shares (15,398,934)…

#acquisition#commercial finance#financial services


Leading French factoring company chooses critical data protection tool...

French factoring company, Factofrance, the wholly owned subsidiary of GE commercial finance has employed... (more…)

#commercial finance#data protection#debt collection


Landsbanki continues its expansion in North

Following the successful launch of Landsbanki commercial finance as an independent division of the Icelandic parent bank, Landsbanki, the company…

#bank#commercial finance#management


Erik Timmermans, new secretary general of International Factors Group,...

Erik was appointed secretary general of the IF-Group as of August 1st, 2005. For 19 years he worked at International…

#commercial finance#International Trade#invoice


Vertis inc. announces new trade receivables securitisation

GE Commercial Finance has provided Vertis inc., a leading provider of targeted advertising, media and marketing services, with a... (more…)

#commercial finance#management#receivables securitisation


Ted Ettershank talks to BCRs Sandrine Lester on Lloyds...

Lloyds TSB Commercial Finance is one of the Europe’s largest and most successful provider of asset based working capital finance. Ted…

#commercial finance#international#invoice

The Rise of Asset-Based Lending in the UK –...

Tim Corbett Marketing Director of GMAC Commercial Credit Ltd (GMAC CC) The statement that asset-based lending is on the increase is…

#bank#commercial finance#international

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