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receivables

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

Coface Finance Australia and RESIMAC reach receivables finance distribution...

Wholesale lender RESIMAC, has reached a distribution agreement for the Receivables Finance services of Coface Finance Australia, a (more…)

#financial services#international#receivables


Receivables finance firm GetFast launches new product based on...

Receivables finance firm GetFastCapital (GFC) has launched a new program intended to aid those (more…)

#bank#banks#Paid


Local factoring market contracts 28 per cent

Romania s local factoring market contracted 28 per cent in 2009, with the market s value dropping to (more…)

#conference#management#receivables


Factoring Association of Turkey reports 26 per cent growth

The Factoring Association of Turkey experienced a 26 per cent growth in turnover in 2009, ending the (more…)

#crisis#factoring industry#management


Bankruptcies at start of year double 2009 figure

The number of companies that became bankrupt doubled in the first two months of this year compared to the same…

#bank#bankruptcy#receivables


Wells Fargo confirm acquisition of majority of GMAC factoring...

Wells Fargo Company has today confirmed that Wells Fargo Bank, N.A. has (more…)

#bank#commercial finance#receivables


Greece joins EU Federation

Greece has become the latest country to join the EU Federation (EUF), it was announced last week at the BCR…

#commercial finance#conference#EU Federation


3i Infotech announces enhancements to receivables finance product

3i Infotech, a global provider of IT solutions, has announced new enhancements to its range of KASTLE Factoring functions. (more…)

#liquidity#management#receivables


Poland: outperforming many in Europe

Dariusz Stec, Board Member of Polfactor SA, a pioneer in Polish factoring, spoke with Factorscan about the continuing bouyancy of…

#commercial finance#ING#international


Receivables sales double on Receivables Exchange

Online receivables market place the Receivables Exchange today reported (more…)

#cash-flow#liquidity#receivables


Tatra Bank maintains leading market share despite drop in...

Tatra Bank has maintained its leading 24 per cent share in the Slovakian factoring market, as (more…)

#bank#insolvencies#non-recourse factoring

NFC leads Russian import factoring market in 2009

Russia s National Factoring Company experienced the highest import factoring turnover in the Russian factoring market last year, reporting a…

#credit risk#international#international factoring

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