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J. Malucelli, intends to offer insurance against damages caused by insolvent debtors, as well as policies insuring working capital and company cash flow. (more…)
The Export-Import Bank of the United States has enhanced its trade finance products to help counter the tightening of credit…
Asset-based lending fills void left by credit market decline. (more…)
GMAC applies for status as a bank holding company to gain access to a $700 billion Treasury rescue fund. (more…)
#bank#CIT#guarantees
The liquidity crisis is boosting carriers' interest in tapping fast sources of cash through brokers' quick pay plans and factoring,…
The Export-Import Bank of the United States states it could still be assisting many more exporters. (more…)
#bank#export credit insurance#exporters
A new programme at asset-based lender Resource Management is offering former financial employees training in factoring. (more…)
#alternative lending#bank#commercial finance
GMAC Financial Services, the parent company of global factoring company GMAC Commercial Finance, reported a 2008 third quarter net loss…
Mitchell A. Meth has joined Crestmark Bank as first vice president, based out of the company's new office located in New…
#awards#bank#international
Boston Financial Equity Corporation has introduced its new asset-based lending division, Boston Financial Funding (more…)
#accounts payable#funding#i
GMAC Financial Services has confirmed in a statement that it is talking to US federal regulatory authorities about becoming a bank…
Westgate Financial Corp announced that Louis G. Barone has joined the firm as director of Trade Finance (more…)
Grupo Financiero HSBC, S.A. DE C.V's Commercial Banking total operating income increased 2.5% compared to same period in 2007. (more…)