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Accounts receivables financier Anchor Funding Services today reported a net loss of $1.9 million for the fiscal year 2009, an increased loss compared to the $1.3 million net loss reported for 2008. According to Anchor s reports, the net loss...
#funding#liquidity#order financing
Peter Mulroy, Chairman of Factors Chain International (FCI), talks to Factorscan about his expectations for the future development of the…
#bank#emerging markets#forum
FGI Finance has announced the appointment of it's new vice president of business development, responsible for developing the U.S. West…
#commercial finance#commercial lending#purchase order
As money becomes tight, companies are resorting to selling off unrecoverable invoices. (more…)
#factoring fraud#frauds#invoice
Factors hope to fill the space left by the drawing down of bank loans to the US apparel industry (more…)
#bank#financial services#purchase order
GXS and SCC Swiss Commercial Capital have announced a strategic alliance to accelerate the development of the supply chain finance market (more…)
#invoice#payment terms#purchase order
Southern California-based UC Factors (UCF) a non-recourse factor, has hired a new Business Development Manager to keep pace with its…
#Business Development Manager#order financing#purchase order
Bibby Financial Services has awarded a USD$3m line of credit and Purchase Order funding program to a manufacturing and distribution…
#3M#cash-flow#financial services
Chicago headquartered Bibby Financial Services (BFS) has announced record setting first-half results for 2008 for it's North American division. (more…)
#financial services#purchase order#purchase order finance
Coface joins forces with NFC, the Russian lead player in factoring. Coface, a subsidiary of Natixis, the French banking group,…
#commercial finance#international#management
Wells Fargo Business Credit, a unit of Wells Fargo Company (NYSE: WFC), said today that its Factoring division has signed…
#acquisition#international#purchase order
Voyager Petroleum Inc entered into a factoring agreement with BLN Capital Funding LLC, for up to US$1m in purchase order,…
#management#purchase order#receivables
USTelematics, Inc., has announced that it has negotiated a purchase order financing facility with Star Funding, Inc. for a minimum…
#letter of Credit#purchase order#purchase order finance