Click here to close now.


News Feed Item

RMP Capital Corp and Celtic Invoice Discounting Limited Announce Joint Venture

RMP Capital Corp and Celtic Invoice Discounting Limited today announced a joint venture to provide purchase order financing and receivables factoring services to small and medium-sized businesses facilitating trade between the USA and Ireland.

ISLANDIA, N.Y., April 7, 2014 /PRNewswire/ -- RMP Capital Corp and Celtic Invoice Discounting Limited today announced a joint venture to provide purchase order financing and receivables factoring services to small and medium-sized businesses facilitating trade between the USA and Ireland.

The joint venture combines two seasoned factoring operations and the expertise of RMP Trade Credit to provide receivables factoring and purchase order financing for SMEs exporting goods worldwide through the member companies and joint funding of transactions.

The joint venture will operate under the name RMP Celtic and will be incorporated in Ireland and be based out of RMP Capital Corp and Celtic Invoice Discounting Limited existing offices in Islandia, New York, USA and Dun Laoghaire, Co. Dublin, Ireland, respectively.

'This alliance opens up massive potential for Irish businesses selling to North and South America, and introduces unique opportunities for US clients to enter in to mainland Europe, Ireland, and Eastern Europe. Celtic will be the first Irish provider to open this pathway for Irish SME' s exporting to the vast continent of South America and this will provide many exporters here with hugely lucrative opportunities' commented Rita O'Brien, Director of Celtic Invoice Discounting.  "This is an exciting partnership with great people and fits well with RMP Capital Corp's existing strategy for international expansion which will continue to develop throughout 2014 and beyond," commented Jim DiCamillo, Executive Vice President for RMP Capital Corp.

RMP Celtic will offer recourse factoring services and purchase order financing to the SME market and will carry the joint venture brand as well as the members own established branding in their home markets.  Markets include the European Union, United Kingdom, Canada, United States, and Dominican Republic with potential for future expansion.  The joint venture will work closely with export organizations to market much needed financing options and expertise seeking to export goods and services. "This joint venture will facilitate trade for SMEs located in the United States and Canada exporting goods and services to Ireland and Europe and for the United States' 15th largest importer of goods to the United States as well as exports going to Canada and the Dominican Republic.  Many SMEs avoid the very lucrative export market due to funding constraints, lack of knowledge regarding the process, or fear of the credit quality of their customers," commented Matthew Davis of RMP Capital, "RMP Celtic will provide best-in-class funding solutions and advising services to its client base."

Ireland is the United States' 14th largest importer of goods and the United States is Ireland's largest export market with $31.6 million in goods and services exported from Ireland in 2013.  The United States is Ireland's top importer of goods and the United States' 39th largest export market.

About Celtic Invoice Discounting Limited

Celtic Invoice Discounting is the longest established independent invoice discounter in Ireland. Between Ireland and England the concept of transactional based invoice funding is unique and one in which Celtic has become a specialist provider. With offices in Dublin, Mayo and Offaly, Celtic provides instant turnaround on receivable finance for their Irish clients.

About RMP Capital Corp

RMP Capital Corp is an international provider of factoring solutions for small to medium sized businesses, public works contractors, Rediscounting lines of credit to independent factoring companies, and Import-Export Factoring worldwide.  Its headquarters is located on Long Island, New York with offices in Florida, Massachusetts, Michigan, Pennsylvania, and Texas as well as established presence in the United States, Canada, and Dominican Republic.

Contact information:

Rita O'Brien, B.L., Director
Celtic Invoice Discounting Limited
Tel: +353 (01) 2300866
Email: [email protected]

Matthew Davis, Director
RMP Capital Corp
Tel: +1 (631) 738-0047
Email: [email protected]


SOURCE RMP Capital Corp.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, al...
Containers are all the rage among developers and web companies, but they also represent two very substantial benefits to larger organizations. First, they have the potential to dramatically accelerate the application lifecycle from software builds and testing to deployment and upgrades. Second they represent the first truly hybrid-approach to consuming infrastructure, allowing organizations to run the same workloads on any cloud, virtual machine or physical server. Together, they represent a ver...
As operational failure becomes more acceptable to discuss within the software industry, the necessity for holding constructive, actionable postmortems increases. But most of what we know about postmortems from "pop culture" isn't actually relevant for the software systems we work on and within. In his session at DevOps Summit, J. Paul Reed will look at postmortem pitfalls, techniques, and tools you'll be able to take back to your own environment so they will be able to lay the foundations for h...
This week, the team assembled in NYC for @Cloud Expo 2015 and @ThingsExpo 2015. For the past four years, this has been a must-attend event for MetraTech. We were happy to once again join industry visionaries, colleagues, customers and even competitors to share and explore the ways in which the Internet of Things (IoT) will impact our industry. Over the course of the show, we discussed the types of challenges we will collectively need to solve to capitalize on the opportunity IoT presents.
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
For almost two decades, businesses have discovered great opportunities to engage with customers and even expand revenue through digital systems, including web and mobile applications. Yet, even now, the conversation between the business and the technologists that deliver these systems is strained, in large part due to misaligned objectives. In his session at DevOps Summit, James Urquhart, Senior Vice President of Performance Analytics at SOASTA, Inc., will discuss how measuring user outcomes –...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Data ...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet condit...
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Saviynt Inc. has announced the availability of the next release of Saviynt for AWS. The comprehensive security and compliance solution provides a Command-and-Control center to gain visibility into risks in AWS, enforce real-time protection of critical workloads as well as data and automate access life-cycle governance. The solution enables AWS customers to meet their compliance mandates such as ITAR, SOX, PCI, etc. by including an extensive risk and controls library to detect known threats and b...
DevOps Summit, taking place at the Santa Clara Convention Center in Santa Clara, CA, and Javits Center in New York City, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait...
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction....