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Coface Collections North America, Inc. Integrates Operations.


US Leader in International Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying  Management and Debt Collection

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Coface Collections North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc., the US leader in international accounts receivable management and commercial debt collection, announced today the integration of its US operations. Its division, Newton & Associates, will now operate as Coface Collections North America, Inc.

Coface Collections North America, Inc. is part of the global Coface group of companies. Coface North America provides services to help companies manage, protect and finance their accounts receivable. Coface operates in 60 countries and maintains partnerships that extend its reach to 93 countries. As a company within the global network, Coface Collections North America, Inc. has the largest international presence of any commercial collection company in the U.S, with the ability to collect in the local language and under local law around the world. Clients benefit both from a local customer service contact and a world-wide service network through Coface collection team operations.

The company provides export and domestic commercial debt collection, receivables management outsourcing and a large variety of collection services. The company's main operations are in Metairie, Louisiana Metairie (local pronunciations /ˈmɛtəɹi/, /ˈmɛtɹi/) is a suburb of New Orleans. , with regional offices in Tucson, Arizona Tucson (pronounced /ˈtusɑn/, Spanish: Tucsón [tuk'son] ; Denver, Colorado; East Windsor East Windsor is the name of the following places in the United States of America:
  • East Windsor, Connecticut
  • East Windsor Township, New Jersey
, New Jersey; and Vancouver, Washington. More details are available at http://www.coface-usa.com.

About Coface

Coface, rated AA+ by Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
, AA by S&P and Aa3 by Moody's, is a subsidiary of Natixis whose share capital (Tier 1) was 11.2 billion euros end 2006 after application of CRD/Basel II norms. Coface's mission is to facilitate global business-to-business trade by offering its 105,000 clients four product lines to fully or partly outsource trade relationship management and to finance and protect their receivables: credit insurance, company information and ratings, receivables management and factoring. Coface also offers, in France, management of government export guarantees. Forty-five percent of the world's 500 largest corporate groups are customers of Coface due to the worldwide local service delivered by 6,000 staff members in 60 countries.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 6, 2007
Words:326
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