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Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving line of credit secured by inventory and a bridge loan for consumer instalment receivables. CIT Business Credit's Retail Finance Group...
#acquisition#CIT#receivables
Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…
#acquisition#international#management
Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…
#bank#interest rates#management
UPS Capital, the financial services arm of UPS, has launched four products to help Canadian companies speed the movement of…
#cash-flow#exporters#financial services
Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…
#insurance#receivables#risk
Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned…
#cash-flow#guarantee#insurance
A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…
#3M#bankruptcy#Bill
Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…
#acquisition#receivables#security
Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…
#bank#liquidity#management
The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…
#investment#receivables
The GETPAID(R) Corporation, the leading provider of receivable management software and services, today announced the promotion of Barry Tudor to…
#management#receivables#training
Some 36,000 companies have reported their intention to book bad debts totalling ZL5.7bn as costs in order to reduce their…
#bad debts#Bill#receivables
BCR has today added two more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on…
#BCR Publishing#factoring industry#receivables