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IBM offers factoring in China

13 January 2010

IBM has completed its first deal under a new factoring entity, IBM Factoring Company Limited, which will offer factoring to businesses operating China.

Read more: IBM Factoring IBM China China factoring

IBM Global Financing, the lending arm of the computer giant, has established a new operating entity called IBM Factoring Company Limited (IBM Factoring) which will offer factoring to businesses operating China.

Late last year, the Tianjin Government provided IBM Global Financing, the lending and leasing business segment of IBM an exclusive license to provide accounts-receivable lending in the Tianjin Binhai New Area, a key...


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