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The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company, had acquired the finance receivables and customers of two factoring companies. These two acquisitions have doubled the finance receivable portfolio...
#financial services#funding#i
Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…
#account receivables#receivables
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
The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…
#banks#international#invoice
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables
Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…
#bank#guarantees#invoice
Belgo Factors, FMN Finance Housing and Ace Factors, the Belgian factoring companies, are merging today to form Fortis Commercial Finance…
#commercial finance#international#management