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factoring

US company announces definitive agreement to buy local factoring...

Twenty-five years after founding ...and quietly building it into a North American powerhouse, founders Tony Furman and Cliff Eisenberg have sold the company for more than... (more…)

#alternative financing#cash-flow#invoice

Indian bank to raise funds via offloading stake in...

...expects to generate about INR 4.5bn (US$ 69m) through offloading stake in... (more…)

#bank#i#ING


US firm to buy two banks and a factoring company

...is beefing up in Colorado and expanding into New Mexico with a pair of bank acquisitions... (more…)

#bank#commercial finance#small business


Egyptian factoring market “to reach EGP 10bn in 2018”

Gamal Muharram, chairperson of the Egyptian Factoring Association (EFA), expected the activity of the sector to reach EGP 10bn (US$…

#bank#exporters#interest rates


Romanian bank completes local bank acquisition including factoring activity

...a Romanian-based lender, has completed the acquisition of... (more…)

#acquisition#bank#Deloitte


Blockchain may help FI with AML and identify factoring...

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of…

#anti-money laundering#blockchain#factoring fraud


US jewellery distributor is sentenced in multi-million USD factoring...

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company... (more…)

#factoring fraud


Targobank puts factoring and leasing under one roof

Targobank AG intends to merge Targobank AG with Targo Commercial Finance AG until... (more…)

#bank#commercial finance#interest


Romanian factoring market goes up 

Romanian factoring market recorded...in 2017, according to Romanian Factoring Association.... (more…)

#Bogdan Rosu#exports#investments


US factoring provider closes two A/R facilities for US$8.5m

...closed two accounts receivable facilities for a total of $8.5 million... (more…)

#funding#receivables#security


Close Brothers named UK’s best factoring and invoice discounting...

Close Brothers Invoice Finance has again been named the UK’s Best Factoring and Invoice Discounting Provider at the... (more…)

#awards#commercial finance#invoice


Italian banks sign agreement for providing specialized factoring services

...signed a collaboration agreement as part of factoring activities.... (more…)

#Banca Sistema#banks#liquidity

Spanish Factoring Association releases 2017 results

The Spanish factoring Association (AEF) just released a few days ago the 2017 factoring and confirming results. The sector grew…

#AEF#confirming#factoring and confirming

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