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Abbey National plc (Abbey) has reached an agreement to sell its factoring business to the Bibby Financial Services Group. The deal is expected to complete on 1 December 2003. The sale of Abbey Business Cashflow Finance is a reflection of...
#bank#financial services#invoice
London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…
#bank#factoring industry#financial services
Accord Financial Corp, a leading North American provider of asset-based financial services to businesses, has announced unaudited consolidated financial results…
#Accord Financial#Accord Financial Corp#credit protection
The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…
#guarantees#invoice#receivables
More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…
#bank#international#invoice
Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…
#cash-flow#insolvency#invoice
Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…
#asset-based lender#funding#invoice
Professional Staff Ltd, the international staffing and recruitment specialist has completed a public to private equity deal, using an 'industry…
#commercial finance#funding#international
GE Corporate Financial Services announced today it has purchased NMB Heller Ltd UK from NMB Heller Holding N.V. The transaction…
#bank#commercial finance#ING
The High Court has appointed Jim Stafford as liquidator of collapsed agency Doherty Advertising Ltd, following a petition from Independent…
#bank#cash-flow#invoice
Sygnet Invoice Finance Limited have released their financial statement for the year ended 31 October 2002. The report shows the…
#invoice
Dartford-based business Aquadart has been bought out of Andover-based parent company, Croydex Group Plc, via an invoice discounting and cashflow…
#acquisition#funding#invoice
The popularity of factoring and invoice discounting as a financing option has continued to grow as industry turnover hit record…
#exporters#international#invoice