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An examination of the troubles at CIT in the US, and the company's possible future after it went to shareholders for a $3 billion bailout. (more…)
#bank#invoice#management
A woman accused of scamming an invoice factoring company has been indicted on 15 counts of fraud and money laundering…
#factoring fraud#financial services#invoice
Commercial finance company, SME Invoice Finance Limited has today concluded the acquisition of the Challenge Finance business (more…)
#acquisition#commercial finance#i
Bibby Financial Services has bolstered its International Trade Services offering by appointing a new business development manager (more…)
#financial services#international#International Trade
Close Invoice Finance has expanded its commercial centres in the North West and South West with two senior appointments (more…)
#commercial finance#corporate finance#financial services
Ultimate Finance Group has secured an increase in its back to back receivable financing arrangement with Lloyds TSB Commercial Finance…
#bank#commercial finance#invoice
Roger Herbert, Executive Secretary for the Debtor Finance Committee of he Banking Association of South Africa, talks to Factorscan about…
#assignment of receivables#bank#emerging markets
GMAC Commercial Finance has backed the management buyout of European Recruitment Network Group (ERN) by Redwood Group Ltd. (more…)
Sub-prime lender Cattles, parent company of Cattles Invoice Finance, is in talks with creditors to suspend payments on its mounting…
#bank#funding#invoice
Research commissioned by Venture Finance has revealed the overwhelming scale of bad debt being suffered by UK businesses at the…
#alternative funding#invoice#risk
ANZ Bank Ltd is to leave Australia's invoice discounting market, as small businesses have had their cash flows squeezed by…
#ANZ#bank#invoice
Fraud is an ugly word in any sector, but in receivables finance it has been a black mark on a…
#factoring fraud#frauds#guarantees
Mike Symes, Managing Director of Strand Financial provides a detailed overview on how factors can best seek to expand their…
#bank#commercial finance#guarantees