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receivables

Specialised financial service companies eye the market

Companies that provide financial services from the European Union continue to notify the NBR (National Bank of Romania) of their intention to provide services directly on the Romanian market on the strength of the financial European passport (more…)

#bank#financial services#international

Southern Finance buys remaining Pacific Invoice Finance share

Christchurch-based Southern Finance Ltd (SFL) has bought out the remaining 30% of Pacific Invoice Finance Ltd it did not own…

#banks#financial institutions#funding


Close Invoice Finance opens in Ulster

Close Invoice Finance, is to operate in Ulster's receivables market and it claims it will be able to offer businesses here,…

#cash management#invoice#management


Demand for Islamic finance grows

Gulf Arab companies face constraints in using Islamic finance because of its lack of depth but will increasingly use it…

#bank#bonds#receivables


Dresdner Factoring AG: Annual report for 2006 published

The Group's earnings performance in the first quarter of 2007 is different for its two operating companies: TEWEFA Factoring GmbH…

#liquidity#management#receivables


Miami-based Phinder Technologies secures USD10m

Phinder Technologies Inc. has closed a $10 million accounts receivable factoring line with Thermo Credit of New Orleans and Rockland…

#insurance#international#receivables


Coface unit looking to more than double profits this...

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…

#bank#banks#insurance


First Investors profits up USD500K

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 predicts financial-crisis risk in eastern Europe and southeast...

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 invoice finance tops GBP173bn

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


Late payments put SME resellers at risk of collapse

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 names Broome head of Commercial Finance unit

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 opens Houston office

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

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