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Bluestone gets the ESF factor

Added:
Aug 31, 2000

The XML-based Total-e-Business platform, which implements Java 2 Platform Enterprise Edition (J2EE), will allow ESF's 600 SME clients to input transactions or take extracts from their proprietary accounting systems and load them directly into ESF's factoring system via the internet.

ESF brokers factoring deals for start-ups and entrepreneurs with cash-flow problems - the cash-hungry client gets an advance on goods or services sold in return for an interest in the deal for the cash provider.

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