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factoring

GMAC Commercial Finance approves US$45m factoring facility

GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel group, Tarrant Apparel. Upon closing, this facility will replace the company's existing US$90 million revolving credit facility. The new US$45...

#capital requirements#commercial finance#management

Factoring market grows 73% since January

Ukraine's nascent factoring market is dominated by just two banks and lack of awareness of the profitability of the business…

#bank#banks#GDP


Accord announces factoring volume increase in Qs 1&2 2004

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, has announced its unaudited consolidated financial…

#Accord Financial#Accord Financial Corp#financial services


Credit insurers discuss future of factoring business

Discussions are taking place as a consequence of the take over of Credit Lyonnais by Credit Agricole, which has led…

#Allianz#Credit Agricole#guarantees


Karl-Joachim Lubitz, spokesman of the Deutsche Factoring Bank, talks...

BCR talks to Deutsche Factoring Bank spokesman, Karl Joachim Lubitz about the most significant issues in the German factoring market…

#bank#guarantees#international


Consolidated factoring and leasing company to be restructured

CFX Financial Services (CFXFS), the new owners of the Leasing Company of Zimbabwe (LCZ), an erstwhile Century Holdings Limited subsidiary,…

#asset management#bank#financial services


Man pleads guilty in Espirito Santo factoring fraud

The former president of a computing company pleaded guilty yesterday to his role in a US$170 million scheme to defraud…

#bank#factoring fraud#MAN


Factoring software disposal ‘stopped the rot’ – Highams chief

The chairman of Highams Systems Services, the UK software group, said the sale of its factoring software subsidiary Highams Business…


Factoring volumes rocket 186pc in H1

The factoring operations of Chilean banks have seen “explosive” growth in the first half of 2004. The factoring volumes for…


Factoring drives US bank’s income rise

Sterling Bancorp, the US finance house and parent company of Sterling National Bank, has reported a 14.7 per cent increase…


Latest report on the Spanish factoring industry

“Factoring activity in Spain continues to outpace the performance of the general economy, with factoring turnover in 2003 rising 18.12…


Latest analysis of the French Factoring Market – World...

Read this latest report from Dominique Charpentier, Director, Atradius Factoring Product ; CEO, Etoile (Bonding and Factoring) by going to…

#Atradius#World Factoring Yearbook

New regulations on factoring activities by commercial banks

The National Bank of Ukraine (NBU) has reportedly formulated regulations on factoring activities by commercial banks. According to Andrey Kiyak,…

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