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Platinum Funding Group announces 2006 results

Platinum Funding Group announced more than $200 million in new deals in 2006. The contract volume is a record for Platinum in its 15 years in operation and is nearly double that of 2005. (more…)

#funding

GE Corporate Lending USD71m facility for Quantum Foods

GE Commercial Finance Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC,…


LTSBCF appoints Harrison to head up NY office

Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…


BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…

#bank#BB&T#commercial finance


Citigroup combines loans divisions

Citigroup has combined its global loans, leveraged finance, asset based finance  and emerging market debt businesses after it restructures its fixed…

#American Express#asset based finance#bank


Premier American names Daley SVP, factoring/ABL department

Premier American Bank has named Donovan Daley as senior vice president of the factoring and asset-based lending department. (more…)

#bank#management#Vice president


UC Factors opens Houston office

UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…

#Business Development Manager#compliance#funding


Chilian CorpBanca gets listing with Nasdaq, Amex and NYSE

CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…

#AMEX#banking services#leasing


The Commercial Finance Group Names New BDO in Southern...

The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…


Nicaragua 2006-2007 CAFTA to increase factoring opportunities

When the Central American Free Trade Agreement (CAFTA) comes into place, Nicaraguan exports will increase, increasing opportunities for (more…)


Accord Financial Corp recourse factoring yields up in 2006

Accord Financial Corp., a North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and guarantees,…


Crdentia USD10m working capital facility with Systran Financial

Crdentia Corp., a leading US provider of healthcare staffing services, announced today that it had closed a new $10m receivables-based…

New bank owners plan factoring and leasing operation

The bank is a small niche player mainly focused on the SME segment. The new owners will add leasing and…

#3M#bank#investment

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