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CIT and Dell Inc. recently announced that Dell will purchase CIT's 30% interest in their US based Dell Financial Services (DFS) joint venture. (more…)
#CIT#financial services#funding
Bibby Financial Services in the US and Canada has recently become a member of the International Factors Group (IFG). (more…)
#financial services#international#smes
Zevotek, Inc. has announced that it has secured a US$2m purchase order funding and factoring facility from Star Funding, Inc.…
RPost has announced that the factoring industry is widely adopting RPost as the service platform for business-critical communications with clients…
#assignment#international#international factoring
Sources close to the matter have told the Monitor/ABF Journal that GE and Merrill Lynch have reached an agreement under…
Mark Mandula Principal, United Capital Funding Corp looks at the year to come and the ways that factoring companies can…
#financial institution#financial services#interest rates
This year's IFA factoring conference is due to be held at Hotel Del Coronado in San Diego, California. (more…)
GE Commercial Finance Corporate Lending has provided a $100 million trade accounts receivable securitization to Rexnord Funding LLC. (more…)
The Receivables Exchange has announced that Greenfield Commercial Credit has secured a Tier One Seat on the Exchange. (more…)
#bank#commercial finance#receivables financing
United Capital Funding Corp., has originated a record number of client funding facilities for 2007. (more…)
#factoring industry#funding#management
CIT Group announced the appointments of Kris Snow and Terry Kelleher as co-presidents of CIT Vendor Finance. (more…)
Capstone Business Credit, LLC announced a two-year, US$78m financing deal with Harbrew Imports, Ltd. (more…)
#funding#order financing#PO
Business think tank CD Howe Institute recommend that Export Development Canada (EDC) begin to withdraw from the short-term export credit insurance…