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receivables

Asta Reports 49% Increase in Net Income

Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing consumer receivables, today reported results for its third quarter ended 30 June 2001. Net income for the three months ended...

#financial services#funding#management

Troubled Slovak Bank to be Taken Over by State-Owned...

Slovak state-owned bank Konsolidacna banka Bratislava (KBB) will be taken over by state-owned factoring agency Slovenska Konsolidacna (SKo) before 31…

#bank#guarantee#liquidity


Ruling Aids Factoring Firms in Agricultural Industry

Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity…

#financial institution#liquidity#receivables


Asta Reports 62% Increase in Net Income

Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…

#financial services#funding#management


Shake-up at Euro Sales Finance

On 9 April 2001, Euro Sales Finance (ESF) announced that it was examining with its lead banks ways in which…

#bank#Deutsche Bank#funding


Euro Sales Finance Share Price Plunges on Profit Warning

Euro Sales Finance today issued the following statement: “Whilst ESF has the opportunity to expand its receivables book significantly, particularly…

#bank#Deutsche Bank#funding


Receivables Finance International Conference: 7th & 8th June 2001...

BCR Publishing, publishers of the World Factoring Yearbook, Factoring in the UK and factorscan.com. are holding a major conference on…

#conference#forum#international


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


Asta Funding Reports Acquisitions of Finance Receivables

The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…

#financial services#funding#i


Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…

#account receivables#receivables


SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring


Impact of EDC Joint-Venture Still Unclear

The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…

#banks#international#invoice

Key Developments in German Factoring Market According to Bertelsmann

The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…

#bank#BCR Publishing#receivables

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