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Rumours have been reported on the business information service Zephus.com that Banco Santander Central Hispano SA is to buy Banco Santiago in a US$130m deal. According to the rumour, which first surfaced at the end of last week, the acquisition...
#acquisition#Banco Santander#interest
BancoEstado is extending US$110mil in warranties for loans for operations and investment projects for micro, small and medium sized companies…
#BBVA#financial institutions#guarantees
Thanks to the factoring service provided by Alex Lawrie Factors, K9 2000 Security Specialist Dog Division will be able to…
#cash-flow#international#management
Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…
#funding#invoice#leadership
Bibby Trade Finance has appointed Michael Andrew as regional manager responsible for sourcing and developing new business opportunities for Northern…
#business finance#cash-flow#funding
Speakers at the United Nations General Assembly’s Sixth Committee (Legal) unanimously expressed appreciation for the notable breakthroughs of UNCITRAL in…
#assignment of receivables#insolvency#international
Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity…
#financial institution#liquidity#receivables
Today the Santa Monica (California) based custom software provider, Bayside Business Solutions, have launched their Enterprise Oracle Edition of FactorSoft.…
#Oracle#security#software
by Pat Stiehm As we all know in the factoring business, we usually have a short window of opportunity to…
#accounts payable#conference#e-commerce
by D. Brent Wells Introduction As long as extension of credit has driven commerce, creditors have been wary of accepting…
#frauds#guarantees#insolvency
SMEs across Europe are failing to maximise the opportunities afforded by e-commerce. According to the ninth European Business Survey (EBS)…
#e-commerce#poland#security
The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently…
#bank#financial services#interest rates
CIT Commercial Services has announced a strategic alliance with FTADirect, a leading online business-to-business marketplace for the textiles and finished…
#CIT#CIT Commercial Services#credit protection