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purchase order

Anchor Funding reports net loss for 2009

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

FCI – at a crossroads

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 appoints vice president

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


Crisis ushering in greater fraud

As money becomes tight, companies are resorting to selling off unrecoverable invoices. (more…)

#factoring fraud#frauds#invoice


Apparel companies facing squeeze even from factors

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 to power SCC Swiss Commercial Capital’s supply chain...

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


UC Factors hires BDO in Phoenix

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 Provides USDЈ3m Credit Facility and Purchase Order Funding...

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


Bibby Financial Services announces strong growth in 2008

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

Coface joins forces with NFC, the Russian lead player in factoring. Coface, a subsidiary of Natixis, the French banking group,…

#commercial finance#international#management


CA-WFC gets Transcap

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 enters USD1m factoring agreement with BLN Capital...

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

Star Funding in USD7m purchase order finance deal

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

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