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CIT raises funds through private offering

CIT Group, a US-based provider of financing to SMEs, has commenced an offering of shares through a private placement of Series C Second-Priority Secured Notes due 2015 and Series C Second-Priority Secured Notes due 2019. (more…)

#CIT#regulation#smes

Javlin Capital to provide senior facility to finance purchases...

Javlin Capital to provide debt financing to an affiliate of Presidio Financial, a collection and debt purchase firm. (more…)


Two factors accused of financial bullying

Terra Agricultural Management calls for legal actions against Factoring Security and FactorLine (more…)

#crisis#liquidity#management


Brazilian default rates on the rise

Serasa Experian sees a 19 per cent growth in defaults of Brazilian companies . (more…)


Liquid Capital: Increased demand drives record year for factoring

In 2011, Liquid Capital, an international commercial finance company, recorded a significant increase in factoring volume in both its U.S.…

#bank#bank loan#commercial finance


United Capital posts record year

United Capital Funding Corp., a Florida-based provider of accounts receivable-based funding and credit management solutions, has reported a record year…


Sears: A reflection of the retail market?

Factorscan recently reported that CIT were withdrawing their funding of the large U.S. retailer, Sears. We asked Mark Mandula of…

#cash-flow#CIT#liquidity


Independent factors become victims of financial crisis

Chilean banks are transposing their liquidity problems to non-bank factoring providers via higher financing rates, according to reports from South…

#bank#guarantees#liquidity


PrimeRevenue adds new executive to European SCF operations

PrimeRevenue Inc., the SaaS platform for global supply chain finance (SCF), has appointed Oliver Belin as business development executive for…

#emerging markets#SaaS#supply chain finance


Ex-Im Bank approves USD6bn in SME export financing during...

Ex-Im Bank, the official export credit agency of the United States, has marked the first anniversary since the commencement of…

#bank#exporters#Jobs


Transport factoring company allies with Texas savings bank

Texas-based Advance Business Capital (ABC), a for-hire transportation factoring company, has formed a strategic alliance with Triumph Savings Bank that…

#bank#commercial finance#management


First Capital welcome Hanabergh as new EVP and CCO

First Capital, a Florida-based commercial finance specialist, has welcomed Gerard Hanabergh as their new Executive Vice President and Chief Credit…

PrimeRevenue announces 2011 operating results and launches new SCF...

PrimeRevenue Inc., a SaaS platform for supply chain finance (SCF), has announced their operating results for the year ending 31…

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