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Small Industry Finance Group in Thailand Launches “Quick Factoring”

Quick business-loan approvals are being offered by the Small Industry Finance Corporation, which promises to make a decision within 72 hours of receiving an application. The service, called Quick Factoring, was launched this month. Applicants can lodge customers' bills as...

#bank#SME bank#smes

Bibby Group Launches New Invoice Discounting Company

The Bibby Financial Services Group has launched Bibby Invoice Discounting Ltd, a new division that will work alongside sister company…

#bank#business finance#financial services


80% of Americans Retain pre-September 11th Attitude to Debt

A nationwide survey sponsored by CollectionIndustry.com shows that 80 percent of Americans stand ready to pay their debts in the…

#recession#WHO


Exhibitors Bank on CFA Convention

A high turnout marks business support for the Commercial Finance Association The 57th Annual CFA Convention has continued to enjoy…

#bank#commercial finance#Deutsche Bank


Ashley Commercial Finance Continues “Controlled Expansion”

The abbreviated accounts for the year ended 31 March 2001 have today been released by factoring company Ashley Commercial Finance,…

#bank#BCR Publishing#commercial finance


Man Sentenced for Selling Accounts Receivable of Fictitious Company

O’Rane Cornish, former controller of 6C/Dahcor Industries Inc, a Tennessee corporation, was sentenced for swindling two companies out of nearly…

#MAN#Two#WHO


CIT Group Accused of Running a Factors’ Monopoly

Donald Wiener, who runs the dress chain Dresses For Less, is suing CIT Group and other accomplices, accusing them of…

#3M#banks#CIT


Appointments at Five Arrows

Five Arrows Commercial Finance has further strengthened its senior management team with the recent announcement of several promotions. Clive Cosgrove…

#commercial finance#debt finance#management


Davenham to Seek London Listing

Davenham Group plc, the niche provider of asset-based specialised finance solutions to the UK small and medium-sized enterprise (SME) market,…

#bank#management#smes


HBOS Plans to Target Small Business Market

HBOS, the bank formed by the merger of Halifax and Bank of Scotland, is to recruit hundreds of staff in…

#bank#Deutsche Bank#NatWest


Bibby Factors to Set Up Leeds Office

The Bibby Group of Factors, the largest independent factoring organisation in the UK, is to open Bibby Factors in Leeds.…

#BCR Publishing#financial services#WHO


City Invoice Finance Break into the Profit Zone

The annual accounts for the factoring company City Invoice Finance Ltd for the year ended 31 December 2000 record that…

#bank#invoice#small business

Head of PayDay Today Arrested on Suspicion of Fraud

David L’Hoir, who ran the organisation PayDay Today was arrested by the FBI in Fort Lauderdale, Florida on suspicion of…

#interest#WHO

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