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In its Q3 results Accord Financial said that its factoring volume was strong and 12% higher than the same period last year. (more…)
First Capital has officially launched its export factoring program to enhance its suite of international supply chain finance solutions. (more…)
Capital Business Credit announced Larry Powali has joined as a senior VP for the opening of Capital Factors Florida. (more…)
#funding#Funding Options#recourse factoring
The factoring unit of Colombia's Bancolombia expects to double assets annually through 2011. (more…)
#bank#financial services#international
Factoring Ceske has introduced a new service that enables clients to speed up the financing of assigned receivables and decreases the admin…
#assignment#digital#receivables
Maritime Bank has been permitted by the central bank to launch a factoring unit. (more…)
Apex Capital, a factor specialising in the trucking industry, has announced the launch of its newly re-designed client website. (more…)
Fortis will outsource the processing of incoming bills from suppliers to Cap Gemini in Poland, according to the daily De Standaard.…
Factoring financing is yet to become popular with business and industry after its introduction more than 15 years ago, according to…
#bank#credit risk#international
Dijbeszedo Holding is expanding beyond the utility sector and is targeting a 50% revenue increase in five years. (more…)
Factoring companies financed the purchase of claims worth Kc90.6bn in the first nine months, up 20% on a year ago.…
The Polish Factoring Association predicts turnover of its financial services member businesses will increase by 35% y/y in 2007. (more…)
Terry Banks, director of ESD Fisheries, pleaded guilty to fraud and theft over C$5,000 for factoring invoices to CIBC between…
#bank#CIBC#factoring fraud