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Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial public offering. CIT Group is parent to CIT Commercial Services, the United States’ largest provider of factoring and related services....
#CIT#CIT Commercial Services#international
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
Small Business Minister Nigel Griffiths today announced a series of new projects to help small businesses with high-growth potential maximise…
#funding#management#risk
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
A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…
#bank#Boost#risk
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 (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…
#funding#invoice#leadership
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, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…
#international#international factoring#risk
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, a finance company which provides traditional finance products adapted for e-commerce, has a new on line invoice factoring service…
#e-commerce#invoice#management
It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…
#BCR Publishing#CIT#liquidity
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