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receivables

CIT ratings affirmed; outlook revised to positive

Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit rating on CIT. The outlook has been revised to positive from stable. "The ratings on CIT reflect the company's strong...

#bank#CIT#interest rates

Landsbanki refinances six businesses with Ј8m ABL facility

Landsbanki Commercial Finance (LCF) has helped a Birmingham-based company refinance six of its businesses with an £8 million asset-based lending…

#bank#cash-flow#commercial finance


Emirates Bank launches insurance backed factoring services

Emirates Bank, which introduced factoring services a year ago, has now launched insurance backed factoring to provide credit protection and…

#bank#credit protection#international


CCH signs A$80m Sharia-compliant trade finance facility

CCH International PLC, a trade finance group, said this facility has the potential to significantly increase the amount of receivables…

#insurance#international#investment


Eurofactor's Warner switches to Coface, targets UK receivables finance...

Coface UK, the credit services provider, has appointed Russell Warner (more…)

#receivables


Online Factoring Market turnover increases

Financial consultancy Adossag Borze's Online Factoring Market saw the listing of receivables with a nominal value of HUF10.9bn (more…)

#banks#management#online factoring


Importer nets Ј31.7m receivables, trade finance line from GECF

UK importer PMS International Group has secured a 31.7m asset-based refinance package from the business finance arm of GE Commercial…

#business finance#commercial finance#international


Lloyds TSB CF seizes supplier finance initiative

Lloyds TSB Commercial Finance has stolen a march on its factoring competitors with the launch of a supplier finance service…

#commercial finance#credit risk#receivables


Commission approves acquisition of joint control of COSEC by...

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Companhia de Seguro…

#management#receivables#regulation


Bibby enters packaged lend market with flexible finance solution

Specialist business finance provider Bibby Financial Services has moved into the packaged lend market with the launch of an innovative…

#business finance#financial services#management


2005, a year of profitable growth for Euler Hermes

When presenting the results for 2005 to the Supervisory Board of Euler Hermes on 22 March 2006, the Management Board…

#Allianz#cash-flow#guarantees


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international

Setting sales standards in receivables finance – Training

The Holy Grail for any sales manager in the world of financial sales is to find, and hire, “the perfect…

#bank#invoice#management

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