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receivables

Atos Origin and Fidis announce partnership to launch SAP/R3...

Atos Origin, a leading international information technology (IT) services company, and Fidis, a German provider of financial software & services, today announced a partnership to launch factoring add-on. This first ready-to- work solution for factoring, developed on the basis of...

#guarantees#international#management

US Bank Business Credit enters US$25m accounts receivables facility

US Bank Business Credit is the agent of a US$25m senior secured credit facility to ACN, a reseller of telecommunication…

#bank#cash management#management


Wells Fargo factoring division adds to Texas business development...

Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…

#Business Development Manager#financial institution#management


Atradius unveils new strategy

Revamp for increased, sustainable profitable growth Focus on core credit insurance business Divestment of business lines lacking mass and/or profitability…

#Atradius#debt collection#management


GMAC Commercial Finance northwest boosts factoring and invoice discounting...

GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…

#cash-flow#commercial finance#invoice


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


SBI Factors aiming for 20% quarter-on-quarter growth and to...

State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…

#bank#capital requirements#receivables


Potential Finance Group appoint managing director

Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…

#business finance#commercial finance#funding


Coface UK strengthens client offering in preparation for expansion

Coface UK, a leading provider of credit solutions for business, has strengthened its client offering by merging the teams dealing…

#channel#international#management


Chicago factor in agreed US$10.8 million settlement from fraud...

Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…

#international#leasing#receivables


Exporters can arm themselves against bad debts

Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…

#bad debts#exporters#receivables


New factoring company with ambitious plans enters Polish market

GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…

#commercial finance#insolvency#management

Ultimate Finance halves loss on soaring turnover in 2004

Ultimate Finance Group PLC halved its pre-tax loss in the year to 30 June to Ј338,609 from Ј663,083 on a…

#commercial finance#i#invoice

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