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FiberMark Inc, a leading producer of specialty fibre-based materials, announced yesterday that it has filed voluntary petitions to reorganize under Chapter 11 bankruptcy protection. The Vermont-based company, hurt by a weak economy and recession in most of its key markets,...
#bankruptcy#commercial finance#economy
R.G. Barry Corporation has announced that it has entered into a factoring and financing agreement with The CIT Group/Commercial Services…
#bank#CIT#CIT Commercial Services
First Business Financial Services Inc., specialist in commercial banking, asset-based lending, commercial finance and leasing, reported net income of US$4.1…
#bank#commercial finance#financial services
According to Estrategia, Chile's financial daily, Banco del Desarrollo is looking to up its loan portfolio 10% this year backed…
#acquisition#bank
Bank Leumi USA yesterday announced the appointment of three vice presidents, Mitchell Meth, Ralph Mascia, and Mary Ellen Bianco, to…
#bank#CIT#exporters
Mexico's President Vicente Fox wants bankers to speed-up lending to support a nascent economic recovery, he told the Mexican Banking…
#bank#banks#conference
The Export-Import Bank of the United States (Ex-Im Bank) will offer expanded financing opportunities for US exports to the public…
#bank#emerging markets#exports
The Export-Import Bank of the United States (Ex-Im Bank) in cooperation with the US Department of Commerce, Small Business Administration,…
#bank#exporters#international
Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed…
Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…
#bank#bank loan#guarantees
Riverside, California firm MX Factors and its two Inland Empire investment arms -- all three accused of running a multi-million-dollar…
#Corona#i#investment
General Electric Co.'s (GE) huge commercial finance arm, in contrast to its parent company, continues to expect another year of…
#commercial finance#conference
IP Innovations Financial Services, Inc., a provider of specialised financial guarantees and credit enhancements, has successfully assisted GMAC Commercial Finance…