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factoring

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 to provide protection for injury victims who receive compensation in the form of structured settlement payments. Structured settlements provide long...

#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


First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…


New Head of Factoring Division for Heritage Bank of...

The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…

Opportunity Knocked for Regulation of Czech Factoring

A bill that would force the central bank to consult with the government and report to the parliament on a…

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