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Cutfin Joins FCI

Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming a member of Factor's Chain International. Mike McNeill, Cutfin sales and marketing head, said: “As more and more companies gear...

#international#international factoring#risk

Three Move to Ashley

Ashley Commercial Finance this month has gained three new experienced members of staff. Elaine Ireland has been appointed to the…

#BCR Publishing#commercial finance#risk


eCredit Offers Fully Automated Payment Method in B2B Web...

eCredit, a finance company which provides traditional finance products adapted for e-commerce, has a new on line invoice factoring service…

#e-commerce#invoice#management


Factoring in North America Slows Down with the Economy

It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…

#BCR Publishing#CIT#liquidity


Bank of England Publishes Report on Finance for Small...

The Bank of England has today released a report on finance for small businesses in deprived communities. This report is…

#bank#Bank of England#risk


ECGD Develops Export Guarantees for Small Companies

Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…

#bank#guarantee#guarantees


Non-Performing Loans on the Increase

Spain: Banks' non-performing loans had reached a record low since 1993 by the end of 1999. Most experts agree, however,…

#banks#economy#interest rates


Chailease Launch E-Commerce Service

From August 2000, clients of the Chailease Finance Corporation, Taiwan’s largest international factor, will be able to access their accounts…

#assignment#e-commerce#international


Positive Reaction to Mexican Election

The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country…

#interest#interest rates#risk


Canbank Predicts Strong Turnover Growth

Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…

#bank#guarantees#invoice


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