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First Capital has provided a US$2m factoring facility to a company that sells, services and maintains a variety of furniture and specialized equipment used within the banking industry (more…)
#digital#financial services#SAFE
Salt Lake City, Utah based Summit Financial Resources has appointed Jerome Gregory as vice president, Business Development in the Northeast…
Mark D Schroeder has joined Great Lakes Business Credit and will, as regional marketing director, open and oversee Great Lake…
Accord Financial Corp., a leading North American provider of factoring and other asset-based financial services to businesses has announced its…
Bibby Financial Services has provided a $1.5m credit facility to a cable communications company in western Ontario. (more…)
#bank#financial services#Flexible Funding
DBS Bank will provide a USD13m financing facility to The Singing Machine Company, including USD7m in accounts receivable factoring (more…)
#accounts payable#bank#BB&T
Brazilian President Luiz Inacio Lula da Silva has taken steps to ease the credit crunch that's hurting Brazil's small and…
#bank#Caixa#international
According to the Central Bank, Chilean banks have reduced the credits to SMEs by 74%, they are charging higher rates, requiring…
#bank#guarantees#interest rates
Leading provider of factoring finance solutions for SMEs, CIT Group Inc. (CIT) has posted a loss for the third quarter…
The Attorney Funding Division of Entrepreneur Growth Capital ("EGC") today announced a new factoring finance option for the hundreds of…
Newtek Business Services has announced that Newtek Business Credit has entered into an amendment to its Credit and Security Agreement…
PrimeRevenue, one of the leading global providers of Supply Chain Finance (SCF) solutions reported strong demand for Supply Chain Finance…
Platinum Funding Group, a factoring provider, has signed a US$12m accounts receivable factoring agreement with Compsec Electric Corporation. (more…)
#AR#cash-flow#invoice