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In a filing, CIT Group said it was unable to file its quarterly report for the period ended June 30, 2009 by the prescribed filing deadline (more…)
#CIT#funding#liquidity
Shares in troubled lender CIT Group Inc. dropped more than 20% by the close of trading Monday amid fears the…
#alternative financing#bankruptcy#CIT
Platinum Funding Group has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider…
#banks#funding#liquidity
Bibby Financial Services said today it is unveiling 'KickStart' a specialized funding program for entrepreneurs and small business owners (more…)
FGI Finance has announced the appointment of it's new vice president of business development, responsible for developing the U.S. West…
#commercial finance#commercial lending#purchase order
Troubled lender CIT Group Inc. today announced that it has amended its pending tender offer for its $1bn of Floating…
#CIT#small businesses
Canadian factoring provider Accord Financial Corp. has posted a 73 per cent drop in its second-quarter profits (more…)
Troubled lender CIT Group has announced that it will give $1 billion of that money to its trade finance unit…
#bankruptcy#Boost#CIT
United Capital Funding Corp. announced today that they continue to have strong demand for their services for the year to…
Factoring provider Accord Financial Corp. today announced a change in name of its two Canadian operating subsidiaries (more…)
An examination of the troubles at CIT in the US, and the company's possible future after it went to shareholders…
#bank#invoice#management
IFC is providing an investment to help boost financing for micro, small, and medium enterprises (more…)
A woman accused of scamming an invoice factoring company has been indicted on 15 counts of fraud and money laundering…
#factoring fraud#financial services#invoice