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Euro Sales Finance Gains Membership of FDA

Euro Sales Finance (Euro Sales), a specialist provider of invoice discounting and factoring services, has gained membership of the Factors and Discounters Association (FDA) for its business in the UK, as a result of its purchase by The Royal Bank...

#bank#invoice#management

NMB-Heller Secures New Deals

Structured finance provider, NMB-Heller announced yesterday that it has secured deals with Midlands-based Electrocal Group and Hartlepool-based Stadium Consumer Products…

#bank#invoice#risk


Bibby Factors Announce New Appointments

Bibby Factors announced this week that it has appointed Stewart Chesters as Head of Operations at Bibby Factors Bedford and…

#risk


CIT Employees’ Options at Risk.

The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon…

#CIT#CIT Commercial Services#Commerzbank


Tyco Plans 100% Public Offering of CIT Group

Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…

#CIT#CIT Commercial Services#international


Euler & Hermes Group Attribute Reduced Earnings to Decrease...

The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…

#Allianz#insurance#interest rates


Griffiths Announces New Ј1m Investment Grooming Pilots For High-Growth...

Small Business Minister Nigel Griffiths today announced a series of new projects to help small businesses with high-growth potential maximise…

#funding#management#risk


Thailand's Small Industry Finance Corporation Revamps Loan System

The Small Industry Finance Corporation (SIFC) is stepping up its efforts to lend 30bn baht this year, despite slipping below…

#credit risk#crisis#interest rate


“Quick Factoring” to Give Boost to Tourism Industry

A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…

#bank#Boost#risk


D&B Launches New Corporate Brand Image as Part of...

Dun & Bradstreet has announced it will change the company's name to D&B, its widely used and instantly recognizable company…

#e-commerce#management#risk


Eurofactor Enters the Thames Valley

Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…

#funding#invoice#leadership


Gerling/NCM Joint Venture to Consolidate their European Factoring Presence

Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…

#international#management#receivables

Cutfin Joins FCI

Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…

#international#international factoring#risk

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