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Receivables

GTS endorsed by AHA as receivables solution providers of...

The American Hospital Association (AHA) has granted its exclusive endorsement to Global Treasury Services (GTS) for its accounts receivables and invoice payments processing services. GTS is a division of Bank of America that provides services such as treasury management, trade...

David Grier speaks passionately about his vision for Active...

In an exclusive interview with David Grier, managing director of Active Receivables Management, BCR’s Sandrine Lester gets the lowdown on…


Sarbanes Oxley shines light on receivables

Most risk managers by now know about the Sarbanes-Oxley Act that regulates companies registered with the Securities and Exchange Commission…


Alamo Capital provides US$500k receivables-based credit facility for healthcare...

Alamo Capital Corporation, based in San Antonio, has provided a US$500,000 line of credit to (more…)


Capital Resource commits to receivables financing services to security...

Capital Resource Funding (CRF) will provide purchase order and receivables financing to fund (more…)


NCO Group to acquire assets of bankrupt accounts receivables...

NCO Group and Risk Management Alternatives have announced that they have entered into a definitive agreement whereby NCO will acquire…


CIT acquires assets of Receivables Capital Management, a division...

CIT Group Inc., a leading provider of commercial and consumer finance solutions and SunTrust Banks, Inc. announced that CIT has…

#bank#CIT#commercial finance


US Bank Business Credit enters US$25m accounts receivables facility

US Bank Business Credit is the agent of a US$25m senior secured credit facility to ACN, a reseller of telecommunication…

#bank#cash management#management


South Africa – receivables management, collection and credit insurance

According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the…

#bank#invoice#management


Receivables insurance guarding SMEs against serial bankruptcies

The long economic slowdown has increased sales of receivables insurance for small- and medium-sized businesses (SMEs). The Korea Credit Guarantee…


Slovak exporters to sell receivables to Italian factor

UniBanka will start taking over the receivables of Slovak exporters to Italian customers. The bank will purchase receivables maturing within…


IIG Capital LLC grants US$3m receivables credit facility to...

IIG Capital LLC, the New York-based trade finance company, has provided a US$3 million credit facility to Genio Group, Inc,…

Receivables financier pleads innocent to fraud charges

Prosecutors have expanded charges against Trond Kristoffersen, one of two defendants in the biggest financial scandal in Norwegian history. The…

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