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receivables

Factoring without prior approval

The Reserve Bank of India (RBI) has said that banks can carry out the business of factoring departmentally, without obtaining its prior authorisation, subject to conditions (more…)

#bank#invoice#Paid

Accord announces financial results

Accord Financial Corporation (TSX – ACD) has released its financial results for the three and six months ended 30 June,…

#Accord Financial#acquisition#international


IFA forging bonds around the world

The International Factoring Association (IFA) – the largest association for the commercial finance industry – recently reached out to factors…

#commercial finance#international#International Factoring Association


ABC-Amega promotes internally

ABC-Amega – a global commercial receivables management firm headquartered in Buffalo, New York – has announced that their divisional vice…

#international#management#receivables


RBS agrees GBP35m funding package with Gardner Aerospace

A UK-based manufacturer, with clients such as Airbus, Rolls-Royce and GKN, has secured a Ј35m funding package with the Royal…

#bank#funding#investment


GSCF and Euler Hermes plan expansion of supply chain...

Global Supply Chain Finance (GSCF) and Euler Hermes World Agency have jointly launched a global sales co-operation to expand companies’…

#receivables#risk#supply chain finance


Australian Toy Sales thrives with debtor finance

Australian Toy Sales business preferring debtor finance, as use by small to medium sized enterprises in Australia more than doubles…

#GST#receivables#security


HSBC appoints new commercial banking head for Singapore

Appointee to oversee segments including global trade and receivables finance (more…)

#cash management#global trade#management


Globo expects limited impact from Greek situation

Mobile software and services company Globo plc has reported that the crisis in Greece has had a limited negative effect…

#Clear#crisis#international


Company shares of Encore Capital Group drop by 4.14%

Encore Capital Group Incorporated – which purchases portfolios of defaulted consumer receivables at deep discounts to face value – has…

#international#receivables


EOS USA to expand operations

EOS USA – a provider of accounts receivables management services and customer care, has announced the expansion of its operations…

#management#receivables#receivables management


Alliance Laundry announces new USD400m asset-backed finance facility

Alliance Laundry Holdings LLC (Alliance Laundry) has completed a new USD400m asset-backed finance facility (including trade receivables) supporting its business…

#asset-backed finance#investment#receivables

Element agrees multi-billion dollar deal with General Electric

Element Financial Corporation (Element) has struck a deal with General Electric (GE) to buy its vehicle-fleet financing businesses in the…

#international#leasing#management

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