| Business Summary | | Euro
Trade
Forfaiting,
Inc.
primarily
is
engaged
in
financing
trade
receivables
(forfaiting)
and
the
pre-export
and
specialized
financing
of
commodities
to
well
established
small
and
medium
size
trading
companies.
The
Company
also
refinances
distressed
trade
debt
held
by
international
banks
and
financial
institutions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Euro
Trade
Forfaiting,
Inc.
is
engaged
the
structuring
of
customized
trade
finance
solutions
for
importers
and
exporters.
The
Company
also
engages
in
forfaiting
trade
receivables,
and
arranging
debt
for
equity
and
commodity
swaps.
For
the
nine
months
ended
3/31/01,
revenues
fell
60%
to
$574
thousand.
Net
loss
rose
14%
to
$2.5
million.
Results
reflect
deteriorating
market
conditions,
partially
offset
by
the
absence
of
losses
on
forfaiting
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Smith, 53 Pres,
CEO, Director | -- | Naren Desai, 46 VP,
Treasurer, Director | $120K | James Carter, 55 Sec.,
Director | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|