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factoring

HPSC Inc. Discovers Employee Defalcation Involving Transactions with Factoring...

HPSC Inc. announced today that it has discovered that an employee of the company's asset-backed lending subsidiary, American Commercial Finance Corporation, perpetrated a defalcation by which approximately US$5 million was diverted over a period of the last four to five...

#AMEX#bank#commercial finance

WCC Services Plan to Acquire all Issued and Outstanding...

WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing…

#acquisition#i#management


New Factoring Company Ultimate Finance Group Plc Raises Ј1.82...

Newly formed Ultimate Finance Group PLC, a factoring, invoice discounting and trade finance company was admitted to AIM and has…

#commercial finance#invoice#management


Resource Bank’s Factoring Division Defrauded by Construction Firm

A federal grand jury on Wednesday charged that Michael R. Agnew, president and sole owner of AGM, and Barbara M.…


London Scottish Bank Seeks Purchases to Bolster Factoring

London Scottish Bank PLC is looking for acquisitions to bolster its consumer credit and factoring businesses. The company is parent…

#acquisition#bank#debt collection


East European Factoring Association 2nd Annual conference

East European Factoring Association 2nd Annual conference New factoring markets: trends and opportunities 28-30 August,2002, Corinthia Nevskij Palace Hotel, Saint…


Bay View Announces Sale of Factoring Unit

Bay View Capital Corporation announced yesterday the sale of its San Mateo-based factoring business with approximately US$25 million in factoring…


Industrial Bank of Taiwan Announce Launch of Factoring Service

The Industrial Bank of Taiwan, (IBT), announced yesterday that it is to provide a factoring service. Officially founded on July…


Siam General Factoring Reports Decrease in Profit

Siam General Factoring, one of the 10 members of the Thai Factors Association and a leading player in the Thai…


GE Capital Commercial Services Offers Factoring Facility to 3DO

GE Capital Commercial Services, a leading provider of financing solutions for primarily non-investment grade companies, has sent a commitment letter…

#commercial finance#financial services#insurance


Bibby Launches New Factoring Operation in Poland

Building on their tremendous success in the last five years, Bibby Financial Services is further expanding its international presence with…

#acquisition#business finance#financial services


FT Reports on Factoring as a Solution to Exporters’...

Michael Bickers, Managing Director of BCR publishing, in the Inside Track section of the Financial Times today, said that factoring…

Euler & Hermes Group Attribute Reduced Earnings to Decrease...

The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…

#Allianz#insurance#interest rates

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