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receivables

GMAC Commercial Finance receivables funding for Bridisco

The European structured finance group at  GMAC CF has provided a £45 million three year senior secured credit facility to Bridisco Limited, providing receivables funding, inventory (more…)

#commercial finance#funding#Letters of Credit

HSBC acquires factoring business in Taiwan

HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan…

#bank#international#receivables


Dresdner Factoring restructures Board, corrects preliminary results

The Supervisory Board of Dresdner Factoring AG has passed a resolution to restructure the company's Management Board. It has appointed…

#leasing#management#receivables


Vienna RFIx Factoring Conference registrations coming in fast

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 announces funding of a start-up distribution...

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


Monthly leasing and finance index originations nearly double –...

Portfolio quality showed mixed results: Receivables over 90 days matched its low for the year, while average losses increased slightly over…

#bank#CIT#commercial finance


Multi-million dollar lawsuit against auditor of factor begins

A $170-million malpractice suit against BDO Seidman kicked off in a Miami court last week. The lawsuit, brought by Portuguese…

#bank#bankruptcy#financial services


NLB Factoring increased turnover up 22pc

Turnover of NLB Factoring, a company focused on receivables financing, rose according to the preliminary results by 22% to (more…)

#receivables#receivables financing


RBS Invoice Finance facility fuels Eddie Stobart growth plans

The new financial arrangements provided by RBS Invoice Finance will support Eddie Stobarts' continued growth plans and assists the company's…

#bank#funding#invoice


HSBC unit buys Taiwan's Chailease Credit Services

HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's…

#acquisition#bank#receivables


Leading asset-based finance specialist joins DLA Piper team

DLA Piper has strengthened its London finance and projects practice with the appointment of partner who specialises in asset-based lending and…

#bank#international#receivables


Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables

VUB Factoring expects 15 per cent growth in turnover

Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)

#financial services#receivables

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