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    Archive for January 22nd, 2007

    HSBC to buy Taiwan factoring company - Turkish Daily News (subscription)

    HSBC to buy Taiwan factoring companyTurkish Daily News (subscription), Turkey - Jan 18, 2007“The acquisition is a good fit with our global commercial banking strategy,” said Michael Smith, president and chief executive of HSBC Asia. …

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    Posted: January 22nd, 2007 under News.
    Comments: none

    American Telecom Services Partners with CIT Commercial Services - TMCnet

    American Telecom Services Partners with CIT Commercial ServicesTMCnet - Jan 19, 2007CIT Commercial Services is one of the nation’s major providers of factoring and financing to consumer products companies and is a division of CIT Group Inc. …

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    Posted: January 22nd, 2007 under News.
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    Banking Briefs - Sofia Echo

    Banking BriefsSofia Echo, Bulgaria - 2 hours ago… selling goods or services (seller) and commercial debtors (buyers). The factoring market in Bulgaria is expected to grow fast in the next few years. …

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    Posted: January 22nd, 2007 under News.
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    Preferred Capital Alliance, Inc. Announces New Partnership To Help … - PR Leap (press release)

    Preferred Capital Alliance, Inc. Announces New Partnership To Help …PR Leap (press release), CA - 22 hours ago… and includes SBA-guaranteed loans, business lines of credit, accounts receivable factoring, equipment leasing, and commercial real estate financing. …

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    Posted: January 22nd, 2007 under News.
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    SME’s to Benefit from ECGC Factoring Service in Addition to its … - Business Wire India (press release)

    SME’s to Benefit from ECGC Factoring Service in Addition to its …Business Wire India (press release), India - Jan 20, 2007Factoring will fill in the gaps left by commercial banks which rely upon fixed assets as security for loans. Pricing of products is an important element and …

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    Posted: January 22nd, 2007 under News.
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    GTF extends 'e-sanction' of loans to 10 mn unregistered SSIs - Hindu

    GTF extends 'e-sanction' of loans to 10 mn unregistered SSIsHindu, India - 14 hours agoFactoring is a process of purchasing commercial account receivables from a business at a discount. "The facility was hitherto available to only registered …

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    Posted: January 22nd, 2007 under News.
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