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Leadership change in the asset-based lending arm in Bank...

Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its Asset-Based Lending & Leasing division. Richard Higginbotham, president of Asset-Based Lending & Leasing, has named Joyce White as president of...

#bank#commercial finance#conference

BancoEstado to launch factoring unit in second half of...

Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press…


Accord announces record fourth quarter and annual earnings;

Accord announces record fourth quarter and annual earnings. Accord Financial Corp., a leading North American provider of asset-based financial services…


Bibby Financial opens St. Louis office

Bibby Financial Services expanded to St. Louis, setting up its fourth US office. The company, a subsidiary of England's Bibby…


Hal Marshall-Led Group launches factoring company for truckers

An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill…

#Bill#financial services#innovation


De Lage Landen Financial Services appoints Jeff Enoch VP-...

De Lage Landen Financial Services, a leading international provider of high quality asset-based finance products to manufacturers and distributors of…


BPB provided BRL 29m in micro loans

Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent…

#bank#WHO


US Bank introduces “fees paid” SBA loan programme

US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…

#bank#financial services#small business


North Little Rock factoring company’s law suit accuses Tennessee...

A North Little Rock based factoring company filed a civil suit in US District Court for the Eastern District of…


GE Commercial Finance Corporate Lending adds originator to Texas...

GE Commercial Finance Corporate Lending announced that it has named Paul W. Patrick as senior vice president of origination for…

#bank#commercial finance#international


GE Commercial Finance provides US$30m senior secured credit facility...

GE Commercial Finance Corporate Lending announced it has provided a US$30m senior secured credit facility to western wear manufacturer and…


GE Commercial Finance Corporate Lending establishes Pittsburgh office

GE Commercial Finance Corporate Lending announced that it has established a Pittsburgh office to be led by Peter K. Lee,…

Marquette Business Credit acquires loan facilities from Capital Factors

Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…

#asset-based lender#bank#commercial finance

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