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A newly created subsidiary of Marquette Financial Companies will acquire the purchased receivables division known as KBK Financial, Inc. from KBK Capital Corporation. The deal is expected to close in approximately 30 days. Terms were not disclosed. "The acquisition of...
A new business-development financing programme for micro and small companies has been launched by the Budapest Foundation for Enterprise Promotion…
The First Factoring Company of Zimbabwe (FFCZ) has entered into a partnership with the Venture Capital Company of Zimbabwe (VCCZ)…
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
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 is the second largest in Europe, it covers about 25 per cent of the European turnover…
The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…
#guarantees#invoice#receivables
Xbridge and Finexia have announced the merger of their online financing businesses. Together the two companies will create the leading…
#acquisition#business finance#commercial finance
Mexico's 16 factoring companies reported consolidated net income of 101 million pesos (US$9.03m) during the second quarter 2003, up 28.7%…
The Lбnchнd (meaning chain bridge) Factoring Programme, a new subsidy scheme created by the Ministry of Economic Affairs and Transport,…
#banks#BCR Publishing#i
A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…
#debt collection#financial services#receivables
In December, Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc, will begin buying Chinese receivables from Japanese companies…
#bank#banks#receivables
The Slovak Guarantee and Development Bank (SGDB) is selling its 1.3 % share in VUB Factoring Inc. to VUB Bank…
#bank#guarantee