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Merloni Elettrodomestici SpA said its board agreed yesterday to sell a 40% stake in the factoring company Faber Factor for Ђ4.2m to Fineldo, the holding company of the Merloni family which controls the white product manufacturer. The value of the...
Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…
#Business Development Manager#financial institution#management
EquiFin reported third quarter and nine month results for the period ended 30 September, 2004. As a result of the…
#Equifax#management
GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…
#cash-flow#commercial finance#invoice
According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…
#banks#interest#leasing
In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations,…
Integrated Security Systems, Inc. (ISSI), has announced an agreement with Briar Capital, L.P. to provide an asset based lending facility…
Bulgaria's Central Cooperative Bank (CCB) management board has decided to open a branch in Cyprus. CCB's branch in Cyprus plans…
#bank#banks#guarantee
Post bank said its target was to acquire 10% market share, bank's chief executive officer, Anthony Hassiotis, said. At present,…
Refering to the auditor report of Siam General Factoring Plc. at the end of September 2004 and 2003 the company…
Jeffrey Peek, chief executive and president of commercial lending giant CIT Group, is determined to expand into the United Kingdom…
Eurofaktor, Poland's fifth-largest factoring company, will debut on the Warsaw Stock Exchange in December 2004 after completing institutional subscriptions during…
#bank#international#international factoring
Contribution of credit insurance activity is stable even though exceptional factors had an impact on the turnover in the UK…