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factoring

Asta Funding to Use Record Earnings to Develop Factoring...

The New Jersey based consumer receivables and management company Asta Funding Inc. has today reported results for its fiscal year ended 30 September 2000. Asta’s net income for the year ended 30 September 2000 had risen by 113% to $5,830,000...

Finantra to Discard Factoring Operations

The financial services group Finantra yesterday announced that it would discontinue a number of its operations including factoring, medical billing,…


Creation of Mizuho Banking Group May Result in Merger...

At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…

#bank#IBM#insurance


Bill Introduced Concerning “Factoring” of Payments to Victims of...

A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…

#insurance#securitisation#trade


Worldcatch Brings Factoring to the Seafood Market

The leading online marketplace for the global seafood industry, Worldcatch has today launched a factoring service offering sellers of seafood…


Grupo Financiero Santander Mexicano Report Third Quarter Results as...

The finance group Santander Mexicano has today announced a net income of P$677 million for the third quarter of 2000,…

#insurance


OFEK Forms New Factoring Company

OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…

#e-commerce


On-Line Factoring comes to Sri Lanka

Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…


Factoring Agreement Renewed Between AllnetServices.com and Global Asset Exchange

The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…


UPS Capital to Establish New European Factoring Network

UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational…


ABC Holdings to Launch in Botswana including Factoring Services

ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…


Cabinet Approves Factoring Bill

Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…

#Bill#Factoring bill#liquidity

CIT to Provide Factoring to EcomTextile Clients

CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…

#CIT#credit protection#e-commerce

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