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factoring

KBK Capital Corp confirms sale of its factoring business

KBK Capital Corp. of Fort Worth has confirmed it has sold its factoring division to Marquette Financial for an undisclosed amount. "The factoring company has grown from $8 million to almost $80 million during the last 10 years that we've...

Factoring portfolio soars 39% in 9 months

The aggregate factoring portfolio of the members of the Lithuanian Leasing Association (LLA) grew by 39.1 per cent during the…

#factoring statistics#international#international factoring


New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…

#bank#factoring industry#financial services


Development Bank of Philippines provides P5bn factoring fund for...

The Development Bank of Philippines (DBP) has revived an instant working capital financing programme with a P5bn (US$90m) fund in…

#bank#conference#smes


Barclays confirms a review of its Hastings factoring operation

Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said…

#Jobs#trade#WHO


Factoring company loses director

Siam General Factoring has reported that Kenneth Wong Chee Hoong had resigned as a director. Source: Bangkok Post


Marquette Financial acquires factoring business from KBK Capital Corporation

A newly created subsidiary of Marquette Financial Companies will acquire the purchased receivables division known as KBK Financial, Inc. from…


BVK and AKKORD VF launch subsidised factoring programme

A new business-development financing programme for micro and small companies has been launched by the Budapest Foundation for Enterprise Promotion…


First Factoring and Venture Capital seal partnership deal

The First Factoring Company of Zimbabwe (FFCZ) has entered into a partnership with the Venture Capital Company of Zimbabwe (VCCZ)…


Unilizings leasing and factoring portfolio grows to 100m lats

Latvia's Unilizings company’s leasing and factoring portfolio has reached 100 million lats (Ђ153.4m) after nine months of this year, rising…

#bank#leasing#Two


Coface UK to develop new factoring service to complement...

Credit solutions provider, Coface UK, part of the international Coface Group, is developing a factoring service to complement its existing…

#exporters#international#management


The Italian factoring market: overview, prevalent business models and...

The Italian factoring market is the second largest in Europe, it covers about 25 per cent of the European turnover…

Change in invoice law to boost factoring operations

The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…

#guarantees#invoice#receivables

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