Purchase USA 23-01-2001 GMAC Confirms Bank of America Purchase BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of 31 December 2000. A press release was not issued at… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#Bank of America#Commercial Credit#commercial finance#financial services