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S&P affirms top factoring bank’s ratings

Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term credit rating on Bank SinoPac of Taiwan, one of the top three banks in Taiwan involved in factoring. The outlook...

#bank#international#management

Arbuthnot sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…

#commercial finance#invoice#non-recourse factoring


New Enterprise Finance Europe team signs deal in first...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has celebrated the opening of its new office in…

#bank#commercial finance#management


Cancer 'lies' of Versailles fraud chief

Fred Clough, the disgraced finance director of collapsed trade finance house Versailles, lied to his board that he had cancer…

#banks#Goldman Sachs#trade


Overhang of VC-backed private companies in Europe reduced

Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…

#economy#funding#invoice


Alleged MX Factors fraud case latest; judge freezes assets...

Riverside, California firm MX Factors and its two Inland Empire investment arms -- all three accused of running a multi-million-dollar…

#Corona#i#investment


Laurentian Commercial Financial results announced

Laurentian’s Commercial Financial Services, which handles commercial loans and larger financings as part of banking syndicates and factoring, leasing and…

#bank#commercial lending#financial services


Key Capital Factoring Inc. changes its name

Last year, Key Bank and Trust changed its name to K Bank, after a lengthy lawsuit over the Key name…

#bank#Trust


Confidence muted but renewed

As with most outlooks for venture capital in 2004, there is renewed optimism for the start-up and early-stage sectors, although…

#bank#funding#management


Small businesses offered framework of incentives

Britain's small businesses are to get a Ј400m boost to their cash flow over the next three years and access…

#cash-flow#Deloitte#small business


Questions are being asked about MX Factors of California

A Riverside, California, based financing firm that has raised more than $21 million in investments has operated without a state…

#international#international factoring#International Factoring Association


Sovereign rating rise to boost investment in few months

Russia could see a significant inflow of investments in just a few months because of the raise in its sovereign…

#Boost#investment#investments

Businesses continue to trust in the economy

Positive news was received on Tuesday (30 September) regarding the Finnish economy. Businesses expressed firmer confidence in the future in…

#economy#European Commission#GDP

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