When CIT Commercial Services became a division of First Citizens Bank three years ago, the merger added a range of financial options — especially with its expertise in factoring. Since then, the ...

Factoring facilities are financial services in which a company sells its accounts receivable (bills) to an external entity, or a factor, at a reduced price in return for immediate cash. This provides ...

Downtown-based Hana Commercial Finance Inc., a factoring and trade finance subsidiary of Hana Financial Inc., established a new factoring credit line through the issuance of $100 million in note ...

Factoring financing is an option many commercial lenders expand their offering with. Factoring has a high potential to create a mutually beneficial situation for all parties involved. This type of ...

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Factoring has major impact on the growth of Micro, Small and Medium Enterprises (MSMEs) and the financial services industry, the Financial Institutions Training Centre (FITC) has said. The FITC made ...

Factoring is an ancient financing practice that has achieved new currency in the digital era. This is largely thanks to pioneers harnessing online capabilities to make factoring appealing to ...

Pilot Company (the parent of Pilot and Flying J truck stops) and RTS Financial announced a fuel and factoring partnership for trucking fleets. The two companies will will work together to provide ...

The FINANCIAL — Factoring, a financial service based on the sale of accounts receivable, has the potential to boost the growth of smaller businesses in Ukraine as companies struggling with the impact ...