InTheNews.co.ukManchester United double profitsInTheNews.co.uk, UK - 9 hours agoBridging, Developement, Marine, Btl, Plant & Machine, Factoring, Adverse, £10k to £10m. Defending Premier League champions Manchester United have revealed …
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InTheNews.co.ukConsumer confidence fallsInTheNews.co.uk, UK - Jan 10, 2008Bridging, Developement, Marine, Btl, Plant & Machine, Factoring, Adverse, £10k to £10m. Consumer confidence fell for the third consecutive month in December …ECB: Interest rates held as inflation strides on InTheNews.co.ukBank holds fire on rates InTheNews.co.ukall 32 news articles
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InTheNews.co.ukLondon prices upInTheNews.co.uk, UK - 23 hours agoBridging, Developement, Marine, Btl, Plant & Machine, Factoring, Adverse, £10k to £10m. Independent offshore savings, investment, pension and taxation …
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Fitch Downgrades ArvinMeritor IDR to 'B+'; Outlook NegativeBusiness Wire (press release), CA - Jan 10, 2008Total debt, including outstanding securitizations and factoring but excluding operating leases, declined slightly in fiscal 2007 to $1463 million from $1500 …
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InTheNews.co.ukTrain guards to strikeInTheNews.co.uk, UK - 19 hours agoBridging, Developement, Marine, Btl, Plant & Machine, Factoring, Adverse, £10k to £10m. Independent offshore savings, investment, pension and taxation …commercial factoring -”factoring in” -”factoring into” -”factoring out” -”factoring this” – Google News
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BB&T promotes Linder to head of Factoring ServicesFOX News - Jan 8, 2008BB&T's Commercial Finance factoring unit recently was awarded the 2006 Import Factor of the Year award from Factors Chain International (FCI). …
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Italease files complaint for possible manipulation of share price …Forbes, NY - 17 hours agoIl Sole 24 Ore added Italease is expected to post a profit this year and could reach a partnership in the leasing and factoring business in the coming …
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InTheNews.co.ukCML: Mortgage lending down againInTheNews.co.uk, UK - Jan 8, 2008Bridging, Developement, Marine, Btl, Plant & Machine, Factoring, Adverse, £10k to £10m. Independent offshore savings, investment, pension and taxation …
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Linder Named President Of Factoring Services At BB&TTrading Markets (press release), CA - Jan 8, 2008Linder joined BB&T in 2005, the same year the firm created its commercial finance unit by combining its factoring and asset-based lending divisions. …commercial factoring -”factoring in” -”factoring into” -”factoring out” -”factoring this” – Google News
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According to third Quarter Earnings Reports, Wachovia has seen a 285.8% increase in non-performing assets. At the same time they have increased their loan loss provision from 108 million to 408 million.
During the same time Bank of America has seen an increase of 103.6% in non-performing assets with an increase of 74.2% in their loan loss provision.
Regions and Citigroup have posted similar figures. JP Morgan Chase’s increase in non-performing assets was up 50.7% and their loan loss provision went up 119.8%.
The numbers show both the actual situation and their view of the future. Banks are tightening up and they are in need of alternative sources of revenue. We ARE the answer. We can deliver.
At the very least, these banks will have assets that are under-performing and need to be moved from the bank. We can help.
This is a very good time to be calling regularly on every banker you know. The pressure to “clean up the portfolio” will be very strong in 2008.
Thanks for all you are doing and I look forward to a very exciting year for all of us.
