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factoring

Have Industry Mergers and Consolidations Damaged the Factoring Industry?

Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the Wall Street Journal. The number of mergers and acquisitions in the last 12 months has been unprecedented leading many industry...

Enel Invests in Factoring

Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…

#bank#cash-flow


Factoring Turnover up 42%

The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to…


MetroCorp BancsharesInc. Records a $5.3m Factoring Receivable Charge-Off

MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…

#3M#bank#interest rates


MBf Factoring Sales Looking Better

According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…


Deutsche Factoring Bank Increases Turnover

Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…

#bank


Hansa Leasing Achieves Factoring Profit

Hansa Leasing Increases Factoring Turnover Hanza Lizingas [Hanza Leasing], the leader of Lithuania's factoring market, hopes for further growth in…

#bank#international#international factoring


Siam General Factoring Issues Preferred Shares

Siam General Factoring Plc said its board of directors had approved a plan to increase capital... (more…)

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