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GMAC Commercial Finance commits to $10m facility for Next...

Next Inc., an emerging leader in the licensed sportswear and promotional products industry, has announced it has received a commitment for a US$10m line of credit facility with GMAC Commercial Finance (more…)

#bank#commercial finance#management

Working capital, supply finance optimised via software deal

National City Bank (NCB) says it is better placed to meet client demand for supply chain and working capital solutions…

#bank#management#supply chain finance


Demica appoints Senior Vice President, Sales to head up...

Demica has consolidated its position in the United States market with the opening of an office in (more…)

#bank#invoice#management


GMAC finalises US$10 billion facility with Citigroup

GMAC announced the signing of a three-year, US$10 billion funding facility with a subsidiary of Citigroup. This US$10 billion funding…

#bank#financial services#management


Coface urges improved credit management procedures

Coface UK has urged businesses to improve their credit management procedures in the face of lengthening credit periods following a…

#late payment#management#receivables financing


Banks becoming less important in financing UK exports, says...

UK exporters are turning away from their banks as a source of financial advice. The research found that only (more…)

#Atradius#bank#exporters


Wells Fargo hires BDO for newly acquired Commerce Funding

Wells Fargo has named its vice president of business development for its newly acquired Commerce Funding Corporation (CFC) (more…)

#bank#commercial finance#financial services


Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the…

#acquisition#management


Expanding floor-covering firm secures financial deal with Cattles Invoice...

Leeds-based floor-covering firm Johnson Flooring has secured a major new contract worth in excess of a million a year, with…

#cash-flow#funding#invoice


International Moscow Bank to implement FORPOST factoring software

Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…

#bank#banks#international


Siemens Financial Services expands business opportunities with Euler Hermes...

Siemens Financial Services (SFS), the Siemens Group responsible for financial solutions, has formed a partnership with Euler Hermes (more…)

#bank#financial services#German Factoring Association


Kaulkin Ginsberg marks 15 years serving accounts receivable management

Fifteen years ago Kaulkin Ginsberg Company initiated and advised on the sale of Eastern Credit Association to Eastern Business Services.…

#i#interest#investment

Dresdner Factoring AG – receivables turnover well above target

Dresdner Factoring AG, one of the leading German providers of factoring services for small- to medium-sized companies (SMEs) with annual…

#interest#management#receivables

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