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With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains the same: providing ready funds for companies in cash-flow-challenged industries. When the United States invaded Afghanistan, the armed forces needed...
#bank#bank loan#commercial finance
Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…
#factoring fraud#receivables#SEC
Natexis Factorem, the factoring unit of French banking group Natexis Banques Populaires, has acquired a 51 per cent stake in…
Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…
#bank#Clear#interest
Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…
#bank#Bank of China#receivables
Chile's factoring industry expects to post total profits of around 11bn pesos (US$18.1m) in 2003, with income forecast to jump…
It has just been announced that UK software and recruitment company Highams Systems Services has sold its Business Solutions (HBS)…
#Paid#trade#trade finance technology
CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…
#bank#banks#international
Crйdit Agricole, the French mutual bank, yesterday shrugged off analyst worries about its ability to keep pace with the recovery…
According to association data, factoring portfolio of the association members as at 1 October was 33.5 million lats, down 7…
Siam General Factoring reported a net loss of 192.51m bt for Quarter 3, 2003, compared to a net profit of…
Capitalia bank, headquartered in Rome, have announced the agreed purchase of Cofiri, the factoring, leasing and financial services firm, for…
Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…
#bank#financial institution#i