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factoring

Compania de Factoring eyes turnover growth in 3 years

Compania de Factoring, a company specialised in funding receivables, intends to achieve a turnover worth over euros 550m in the next 3 years (more…)

#bank#Commerzbank#funding

BRD factoring operations to September up 45pc

BRD Groupe Société Générale reported for the first nine months of the year a total volume of factoring operations 45…

#bank


GMAC CF reveals record month in import factoring, plans...

The UK commercial finance unit of GMAC (GMAC CF) has said September was a record month for import factoring since…

#asset-based lender#commercial finance#international


Sterling National Bank adds two veterans to factoring unit

Sterling National Bank, a subsidiary of Sterling Bancorp, announced the appointments of its vice president, director of business development and …

#bank#cash management#financial services


China Security and Surveillance Technology Inc. secures new factoring...

China Security Surveillance Technology Inc., a leading provider of digital surveillance technology in China, has announced that it has signed…


Factoring in the UK – update

The selling of outstanding invoices or trade receivables at a discount for cash upfront is fairly big business in the…

#bank#commercial finance#debt finance


Deregulation of credit, financial leasing and factoring activities in...

The deregulation of credit, financial leasing and factoring activities in Mexico will have a major impact on both buyers and…

#anti-money laundering#bank#interest rates


Obligation to submit reports by factoring companies to supervisor...

The Bank Board of the National Bank of Slovakia (NBS) approved the Decree of the NBS on submitting (more…)


Fidis upgrades factoring software with supply finance capability

Fidis, the factoring software specialist, has extended its SAP R/3 factoring solution to incorporate a supply chain finance module (more…)


Achef members seek to double factoring clients by year-end...

The members of Chile's bank factoring association Achef will seek to double their clients to 20,000 by year-end 2007 to…

#bank#bonds#risk


NLB Factoring 10% rise in turnover in 2005

Czech-Slovenian factoring company NLB Factoring raised turnover by more than 10 per cent year-on-year to (more…)

#trade


Marked rise in factoring turnover at VR Leasing

German leasing specialist VR Leasing, a subsidiary of German banking group DZ Bank, has seen a significant increase in new…

#bank#banks#DZ Bank

Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…

#banks#invoice

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