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Merchants Bank of California Announce Record Quarterly Earnings

Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second quarter of the year 2000. Net income for the period ending 30 June 2000 was $444,137 representing a 57.8% increase...

#bank#trade

SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring


Versailles Keeps it in the Family

According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately…

#banks#trade#WHO


Versailles’ Investors Launch Court Action in British Virgin Islands

Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…

#channel#interest#trade

Venture Finance expand their Product Range

Equity Participation and Trade Finance Services now available. Venture Finance plc has diversified its product range by introducing the above…

#invoice#trade

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