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Ukrainian firm Credit Collection Group (CCG) this month completed the largest purchase of accounts receivable debt by a credit collection company in the history of the Ukrainian factoring market. (more…)
Lithuanian bank, Ukio Bankas, are considering the re-purchase of the leasing arm in Azerbaijan. (more…)
#bank#bankruptcy#banks
The Argentine unit of French insurer Coface have announced the accquisition of a local receivables management firm (more…)
Deutsche Bank has won EU approval to buy ABN Amro's Dutch commercial banking business for EUR709m (more…)
#ABN AMRO#bank#banking services
Bibby Financial Services has awarded a USD$3m line of credit and Purchase Order funding program to a manufacturing and distribution…
#3M#cash-flow#financial services
A unique four-party credit agreement will support the sale of low-emission gas turbine generator equipment from GE Energy to Aksa…
RapidAdvance, a leading provider of merchant cash advances in the US and Canada, announced today its entrance into the UK…
#alternative financing#management#small business
USTelematics, Inc., has announced that it has negotiated a purchase order financing facility with Star Funding, Inc. for a minimum…
#letter of Credit#purchase order#purchase order finance
Government-run State Bank of India (SBI) said on Tuesday it had completed an acquisition of 91% in an Indian factoring…
#bank#global trade#international
CIT and Dell Inc. recently announced that Dell will purchase CIT's 30% interest in their US based Dell Financial Services…
#CIT#financial services#funding
First Capital, has announced the official launch of its Foreign Inventory Financing and Inventory Purchase programmes. (more…)
Platinum Funding Group has entered into a factoring and purchase order funding agreement with a Maryland-based distributor of soy-based beverages.…
Local Chinese-language newspaper Sing Tao Daily yesterday quoted market sources as saying that China Construction Bank (CCB) is planning to…