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Phinder Technologies Inc. has closed a $10 million accounts receivable factoring line with Thermo Credit of New Orleans and Rockland Credit Finance of Maryland. In a factoring line, the (more…)
#insurance#international#receivables
The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…
#bank#banks#insurance
Quarterly profits were up more than 158% at Houston-based auto lender First Investors Financial Services Group Inc. last quarter, increasing…
#financial services#interest#investment
Alliant’s Political Risk Index identified rising financial-crisis risk in Eastern Europe and Southeast Asia. “Trade receivables data are normally six…
#credit risk#emerging markets#political risks
UK companies are increasingly looking to receivables financing to fund growth. According to the statistics for 2006 more than 46,000…
#invoice#receivables#receivables financing
Figures reveal that smaller IT firms are waiting twice as long to be paid compared with previous years SME resellers…
#debt collection#financial services#insolvencies
BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…
#bank#BB&T#commercial finance
UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…
#Business Development Manager#compliance#funding
The European structured finance group at GMAC CF has provided a £45 million three year senior secured credit facility to…
#commercial finance#funding#Letters of Credit
HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan…
#bank#international#receivables
The Supervisory Board of Dresdner Factoring AG has passed a resolution to restructure the company's Management Board. It has appointed…
#leasing#management#receivables
Registrations are coming in fast for the 7th annual BCR Receivables Finance International (Europe) factoring conference and exhibition (RFIx). This…
#conference#international#receivables
Platinum Funding Group financing of Kobe showcases how an early-stage company without a history of performance or revenue can use…
#funding#receivables#working capital