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GMAC Financial Services reported a 2007 fourth quarter net loss of US$724m. (more…)
#financial services#funding#insurance
Euler Hermes Canada, has today launched a new Credit Insurance policy today designed with smaller or starting businesses in mind.…
#Allianz#management#small businesses
Peachtree Settlement Funding has secured another sizeable credit facility for its Structured Settlements division. (more…)
#acquisition#funding#i
Following the announcement that the Federal Reserve cut a key interest rate by 0.5%, Euler Hermes have issued an economic…
The Federal Reserve on Wednesday cut US interest rates by another 50 basis points in an aggressive move to combat…
#bank#interest rates#management
The Receivables Exchange, announced that Advance Business Capital LLC has secured a Tier One Seat on the Exchange. (more…)
Platinum Funding Group, has announced the promotion of Anna Belkina to the position of Senior Business Development Officer for Special…
Liquid Capital has closed three factoring facilities. (more…)
#funding#security#working capital
Transfac Capital, LLC provided a US$400,000 factoring facility to an Iowa transportation company. (more…)
Wachovia Securities announced Jeremiah Keefe has joined its Fixed Income division as managing director and head of Distressed Debt. (more…)
GMAC Commercial Finance has provided a US$200m factoring facility and a US$55m revolving credit facility to Dan River Inc. (more…)
#commercial finance
RTS Financial Service, Inc. announced that it is expanding its customer base. (more…)
Bibby Financial Services has announced record new business results for 2007. (more…)