Factoring is not the same as " invoice discounting " ( which is called an " " Assignment of Accounts Receivable " " in American accounting as propagated by FASB within GAAP ).
12.
"The invoice discounting and factoring markets remain important to Lloyds TSB and we will continue to develop the business of both Alex Lawrie and TSB Commercial Finance, " said Lloyds TSB Chief Executive Peter Ellwood in a statement.
13.
Non-bank lending grew at its fastest rate since 2008 in the year to October 2013, with over ?0.5bn of credit arranged through peer-to-peer lending, invoice discounting, asset finance and leasing . rebuildingsociety . com passed the ?m of lending mark in October 2013
14.
Despite its roots as a building society specialising in home and consumer lending, today the bank provides funding to a variety of specialist industries and market segments including commercial property construction and development, invoice discounting, interest rate hedging, foreign exchange, trade finance and automotive finance ( formerly the Barclay Bank Business ).
15.
If the company's cash-flow is dependent on the support of one or more financial institutions ( for example, by way of an invoice discounting agreement ), it may be advisable to reach a preliminary agreement in advance of the presentation of the petition with the relevant institution that such funding will not be withdrawn.
16.
The article was a first contribution by a new user; it is possible he knew the company or was simply interested in the area and the City, as he also edited Invoice discounting and John Silvester Varley once each ( small edits ), but there is no evidence of inside involvement or paid editing.
17.
Lloyds TSB did not say how much Bank of New York will pay for the business, which offers collection and invoice discounting services to small and medium-sized companies, though it said it will record a pretax profit from the sale of about 160 million pounds ( $ 265 million ) in the first half of next year.
18.
Specialist services, including mortgages, invoice discounting and asset finance are based in Belfast and delivered throughout the division ( the credit / debit card operations were split in 2007, with the Card Issuing business transferred to the AIB Head Office in Dublin in 2007, and the Card Acquiring ( merchant ) business becoming a joint venture with First Data Merchant Services in 2009 ).
