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Americas

CIT ups the ante with key commercial finance appointment

CIT Canada, a division of CIT Group, has announced the appointments of Mark Hart as chief sales officer and senior vice president for CIT Commercial Finance (more…)

#CIT#commercial finance#investment

Factoring deal for US footwear firm

US footwear maker Skins Inc has partnered with First Capital, a factoring and asset-based lending provider, to manage its (more…)

#factoring industry#Two


DIP factoring facility staves off Chapter 11

Platinum Funding Group announced it has completed a two-year Debtor-In-Possession (DIP) factoring facility for over (more…)

#bank#bankruptcy#funding


US factor names new business chief

Greystone Commerical Services has announced that Randy Haney has joined the company as a business development officer (more…)

#management#working capital


Using factoring to fund business development

Factoring has been a well-accepted way to raise working capital for hundreds of years, but Virginia-based Celera Financial has developed…

#outstanding invoices#Two#working capital


Healthcare factor changes its stripes

CSI Business Finance, a specialist leasing and factoring provider to the US healthcare industry, has changed its company name (more…)

#business finance#leasing#order financing


Hennessey Capital Southeast closes gap when traditional lending is...

"What we'll begin to see is banks starting to tighten credit standards in response to indications of market weakness, leaving…

#alternative financing#bank#guarantees


Working capital funder, UCF, says third quarter a record

United Capital Funding Corporation (UCF), the US working capital provider, says the level of funding volumes and client relationships for…

#business finance#international#Mark Mandula


Factoring Security Q3 profits up 21pc

Chilean financial group Grupo Security saw Q3 2006 profits rise 16% compared to the same period 2005, according to the…

#security


Accord reports substantially higher third quarter

Accord Financial Corp. has announced its unaudited consolidated financial results for the three and nine months ended 30 September 2006…


American Capital commits USD50m to First Capital

First Capital was founded in 1988 and focuses primarily on providing traditional factoring and asset-based lending services. The company also…


More small businesses turning to alternative financing

A new report published by the Federal Reserve finds that increasing numbers of small businesses turned to non-bank financial institutions…

#alternative financing#bank#financial services

Bridge Finance Group appoints director to build factoring presence...

Bridge Finance Group is expanding its presence in the northeast. The newly appointed director's focus will include building the factoring, traditional and…

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