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United Capital Funding Corp. announced today that originated a record number of new client funding relationship in the most recent quarter (more…)
#AIG#management#Mark Mandula
The Transportation Software Company (TSC) has launched a rewards program that provides factoring customers with a discount towards Dispatch-Mate operations…
With the current credit crisis wreaking havoc on Wall Street, factors are cutting the amount of credit available in transactions…
#cash-flow#CIT#receivables
Ciena Capital LLC, a New York provider of factoring services to small and midsized enterprises, has filed for Chapter 11 bankruptcy…
#bankruptcy#small business
Office Depot has secured a new US$1.25bn asset-based credit facility. (more…)
KEMET Corp. said it entered into new medium-term credit facility for EUR60m with UniCredit Corporate Banking S.p.A. (more…)
#Corporate banking#Two#Unicredit
The financial crisis in the US will increase premium rates on credit insurance in Chile at least 10% (more…)
Banco Itaú Argentina has joined IFC's Global Trade Finance Program as an issuing bank (more…)
A U.S. government agency said Thursday it has provided a US$400m loan guarantee to support exports to India by several…
#bank#exports#guarantee
From his unique perch as the CFO of First Capital Mark Hogard sees the current financial crisis in a way…
#AIG#banks#LIBOR
The Export-Import Bank of the United States has approved a US$9.9m medium-term loan guarantee to support the export of industrial…
Equipment leasing firm Boston Financial Equity Corporation (BFEC) has formed a new division that will provide accounts receivable financing to…
#AR#bank#funding
The Commercial Finance Association (CFA) has released its Quarterly Asset-Based Lending Index, Q2 2008, revealing a dramatic 16.2% increase in…