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During the last business year, GFKL Financial Services AG's consolidated revenues increased by 17% from 1.03bn to 1.20bn. (more…)
#3M#financial services#liquidity
Cott Corporation announced that it has entered into a new US$250m senior secured asset-based lending credit facility. (more…)
#bank#J.P. Morgan#LIBOR
Bibby Financial Services (BFS) has expanded its US business with a Client Service Center in Houston, Texas. (more…)
#financial services#receivables#working capital
Surecomp, announced today that Netherlands-based De Lage Landen has, following an intensive evaluation licensed all FAC, Surecomp's Java J2EE receivables…
#commercial finance#financial services#management
The Receivables Exchange, has announced that it has launched the first No Fee Referral program for the receivables financing industry. (more…)
#alternative financing#receivables#receivables financing
Surecomp have announced that UK-based Challenge Finance Limited has licensed the ASP version of allFAC, Surecomp’s Java J2EE receivables management solution.…
#financial services#invoice#management
The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…
#bank#credit reports#receivables
The RBI have said that banks can extend financial assistance to support the business of factoring companies. (more…)
#bank#banks#i
German credit insurer Euler Hermes, a unit of insurer Allianz, has launched its online tool Group Eolis to serve Latin…
#Allianz#guarantees#insurance
Factors Chain International (FCI) has announced the creation of a comprehensive 80-page Guide to the Establishment of a Factoring Operation.…
#banks#Executive Committee#international
Turnover of Swiss factoring companies rose in 2007 by 26 % to CHF4,1 bn. (more…)
#international#receivables
Squire, Sanders Dempsey has advised Landsbanki Commercial on its provision of a 25m credit facility to Cheval Finance Limited. (more…)
#asset-based lender#banks#commercial finance
The German Federal Supreme Court allayed concerns that a global assignment would not survive the insolvency of the respective originator.…
#assignment#insolvency#receivables