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GLE Invoice Finance to Launch Invoice Discounting

The Kent-based factoring company, GLE Invoice Finance, have announced the expansion of their product range to include invoice discounting. The company will still continue to specialise in providing tailored sales ledger management and funding facilities for companies with annual turnovers...

#funding#invoice#management

KBK Capital Corporation to Report Loss in First Quarter...

The Fort Worth-based provider of financial services, including factoring, KBK Capital Corporation, announced on 6 April that they expect to…

#bankruptcy#banks#financial services


Lloyds TSB Commercial Finance/Alex Lawrie Amalgamation Boosts Market Performance

According to Lloyds TSB Commercial Finance Ltd, the company’s already dominant market share has increased to over 20% of the…

#Commercial Credit#commercial finance#international


eRevenue and Jack Henry & Associates Forge Strategic Alliance

Jack Henry & Associates, Inc. (which provides integrated computer systems and ATM networking products for banks and credit unions) and…

#alternative financing#bank#e-commerce


Heller Financial Discontinues SBA Loan Origination

Heller Financial, Inc., the worldwide commercial finance company, today announced that after an extensive review of strategic alternatives, it will…

#cash management#commercial finance#management


Asta Funding Reports 45% Increase in Net Income in...

The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…

#financial services#funding#management


Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…

#i#management


Konsolidacni Banka Cancels Agreement with U.S. Ayres Corp

Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…

#bank#factoring industry#management


New Factor to Float on AIM

Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…

#investment#invoice#management


Chailease Launch E-Commerce Service

From August 2000, clients of the Chailease Finance Corporation, Taiwan’s largest international factor, will be able to access their accounts…

#assignment#e-commerce#international


Management Buy-Out of Davenham Group for Ј60 million

The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based…

#bank#Bank Leumi#Leumi


Bank Lending Declines 18.7% in First Half

Bank lending in Thailand declined 18.7 percent, or 820 billion baht, compared with last year's first half, said Thai Farmers…

#bank#DBS#interest rates

Belgo Factors, Ace & FMN Merge to form Fortis...

Belgo Factors, FMN Finance Housing and Ace Factors, the Belgian factoring companies, are merging today to form Fortis Commercial Finance…

#commercial finance#international#management

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