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Debt

Smaller businesses clearing up debt

Bank-initiated debt workout programs have helped more Korean SMEs clean up their balance sheets in the second quarter.  (more…)

Debt Resolve to complete Creditor Interchange deal in August

Debt Resolve said that it expects to complete a previously announced acquisition of Creditors Interchange on August 31.  (more…)


UK embraces US-style debt for private equity

US-style financing that allows borrowers to take on more debt than is typical for mid-market private equity deals is gaining…

#banks#cash-flow#JPMorgan


Debt workout program is working

Since 2006, the number of firms finishing the program has grown considerably. Nearly half of the troubled small- and mid-size…

#banks#interest


Debt Resolve to Acquire Creditors Interchange for USD64m

Debt Resolve, Inc. announced it has entered into a definitive agreement to acquire Creditors Interchange Receivables Management, LLC (Creditors Interchange),…

#acquisition#management#platforms


Venture profits soar as finance clients back debt protection

Invoice and asset-based financier Venture Finance has unveiled an end-of-year 23% hike in profits to 14m. And in 2006, Venture…


Bad debt fears restrict exports as UK hits record...

The UK's annual trade deficit with the rest of the world hit a record high in 2006 at 55.8bn, up…


Bad debt dissolves good business

Survey findings reveal accountants view poor management and bad debt as major causes of insolvencies. Bad debt and the inability…


Traders need cash flow finance to reduce bad debt...

The lack of an effective payment settlement system is causing a massive pile up of bad debt in the market, forcing…

#awards#bank#international


Euler Hermes acquires US debt-recovery group

 A Euler Hermes spokesman said the acquisition is aimed at building up the group's presence in this market in the…


Humphreys upgrades rating on Factorline debt

Chilean ratings agency Humphreys has upgraded its rating on the commercial paper issued by factoring firm Factorline from BBB+ to (more…)

#international#international factoring#management


How using mechanics lien rights gives factors increased powers...

International factoring firms can use US and Canadian laws as powerful trade finance and security tools to dramatically decrease risk…

Mechanic's lien: A new dawn for factor's security over...

Factors worldwide are missing out on a simple yet effective way of increasing their powers over receivables collection. Called 'mechanic's lien'…

#debt collection#international#International Trade

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