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Article: Strong '85 makes BarclaysAmerican bullish on '86.
- Article from:
- Daily News Record
- Article date:
- February 4, 1986
- Author:
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Copyright informationCOPYRIGHT 1986 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strong '85 Makes BarclaysAmerican Bullish on '86
Record setting growth in 1985 has given BarclaysAmerican/Commercial, Inc., strong momentum as it seeks to better those results in 1986.
BarclaysAmerican, one of the major U.S. factoring operations based here in the Southeast, improved its 1985 volume to $2,582,000,000 over $2,381,000,000 in 1984, an increase of about 8.5 per cent, and is planning to grow another 10 to 12 per cent in 1986, according to Edward L. Boyd, president and chief executive officer.
The projected growth is based on what BarclaysAmerican expects in 1986 business for its existing clients and new business development. "We do it on a client by ...