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Factoring, ID

Ultimate Finance’s factoring business expands

Ultimate Finance’s factoring business expands

(Free) Ultimate Finance Group posted profit before tax of £191,000 for the six months ending December 2009, 36 percent up compared to one year before.

Germany’s VR Factorem sees customer increase

Germany’s VR Factorem sees customer increase

(Free) Germany’s VR Factorem increased its customers last year despite the financial crisis.

Venture Finance provides £11.5m funding package

Venture Finance provides £11.5m funding package

(Free) Asset based lender Venture Structured Finance has provided medical recruitment specialist DRC Group with an £11.5 million (€13.2 million) funding package to assist its acquisition by private equity firm Hamilton Bradshow.

French factoring down 3.6% in 2009

French factoring down 3.6% in 2009

(Free) France’s factoring business declined 3.6 percent in 2009, according to the country’s leasing and factoring association, Association Française des Sociétés Financières (ASF).

Managing the block

Managing the block

Having the right software in place can make the difference between success and failure in block discounting. Antonio Fabrizio assesses the market

Why block discounting should not be in the doldrums

Why block discounting should not be in the doldrums

The UK’s block discounting market appears to be in trouble. Several players in this market told Leasing Life last month that certain finance companies have reduced their block discounting business, while others have withdrawn from this market altogether.

Time for a makeover

Time for a makeover

Leasing is undergoing a sea change as the giants of asset finance integrate factoring and invoice discounting.