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factoring

Czech Factoring Association announces turnover H1 2006

The Czech Factoring Association has announced members turnover for the first half 2006. The association reported total turnover of its seven members at (more…)

#Two

Eurofactor secures German Global Resources factoring contract

Eurofactor, the factoring subsidiary of French bank Credit Agricole, will, in future, provide factoring services for the German subsidiary of…


Factoring makes up 11% of all short-term finance, says...

Factoring makes up over one in ten of every short-term finance products sold by Italian banks, according to Corrado Faissola,…


Transportation Alliance Bank offers invoice factoring

Transportation Alliance Bank Inc., an FDIC-insured bank targeted to professional drivers and trucking companies, is offering independent owner-operators the ability…

#bank#financial services#invoice


GE Commercial Finance signs its largest factoring deal

GE Commercial Finance has extended a five-year, non-recourse trade receivables factoring facility with a credit line KME Group S.p.A. GE…


Cash Now to acquire factoring company

Cash Now Corporation has announced that it has executed an agreement in principle to acquire a factoring company (more…)

#acquisition#management#Two


GMAC closes USD15m factoring facility for Seay Style International

The commercial services division of GMAC Commercial Finance has closed a US$15m factoring facility for Seay Style International. The new…

#commercial finance#international


HSBC attains factoring and forfeiting licence

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank (more…)

#bank#management#regulation


FACT.pilot and SAP R/3: Advantages for factoring outlined

Here fidis, the factoring software specialist, outlines the pros of using FACT. pilot, a new product launched to offer factors…

#e-factoring#management#risk


EuroAmerica to launch leasing and factoring services in 2007

Last December, EuroAmérica bought the life insurance portfolio of the local subsidiary of Dutch banking group ABN Amro for an…


Canbank Factors' H1 factoring volume up 45pc

Canbank Factors, a subsidiary of Canara Bank, has posted a 26.03% rise in net profit for the half-year ended 30 September…


Czech factoring companies turnover up 25pc

Czech factoring companies posted a turnover in the period January to September of (more…)

CSOB Factoring ready for lift off

As a member of a strong banking group, CSOB Factoring is looking to gain new clients via the bank's branch…

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