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Trinsic, Inc., a leading provider of enhanced circuit-switched and IP (Internet protocol) telephony services has entered into an accounts receivable financing facility with Thermo Credit LLC ("Thermo"). The facility will provide for Trinsic to sell eligible accounts receivable to Thermo...
Tideline Capital, a company that provides outsourced vendor financing services for the software industry has secured US$105m and closed the…
#bank#capital requirements#receivables
Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…
#bank#commercial finance#international
R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a…
Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit…
#CIBC#CIT#liquidity
The Board of Directors of GE has approved the appointment of Tom M. Quindlen, as vice president and chief marketing…
#commercial finance#leasing#Vice president
The Chilean subsidiary of French credit insurer Coface is aiming to grow premiums by 20% this year on the back…
#3M#debt collection#export credit insurance
One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…
#commercial lending#international#leasing
Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending…
#bank#financial institutions#investment
Venezuela's financial system reported bolнvares 799bn (US$372m) in micro lending at the end of February this year, a 194% jump…
Brazilian bank Banco Indusval Multistock (BIM) aims to boost lending to medium-sized enterprises by 40% this year to reais 350m…
Marquette Financial Cos. announced that it has partnered with three Chicago lenders to form a leveraged lending firm that will…
Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…
#insurance#payment terms