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CIT Group Inc. (CIT) announced today that its Commercial Services business unit has acquired a substantial portion of the US factoring assets of GE Commercial Services, a division of GE Corporate Financial Services, totalling approximately $446 million. "Factoring has always...
“The success of small businesses in America reflects the innovation, determination, and hard work of the American people. During Small…
Last month's electricity blackout hurt 82 per cent of small businesses in Ontario and cost the provincial economy between $1bn…
#economy#security#small business
In the world of banking, relationships are often based on trust, admiration and respect. Victor C. Balestra, president and chief…
PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. has been designated by the Export-Import Bank of…
#bank#bank loan#exporters
NaviTrade Structured Finance of Colorado, announced the addition of former Bank One International Corp. president Darin Narayana to its team…
#bank#international#receivables
A good year at the local SBA office. Small-business funding in Western Washington totalled $286.2m in loans to 1,329 companies…
Tax and business-expense changes enacted earlier this year should begin to kick in before the end of the year, generating…
#Boost#Jobs#small business
Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax)…
"Canadian exporters are known around the world for their innovativeness and the excellence of their products and services," said the…
#DEC#exporters#international
Whether they were located near the World Trade Centre or Pentagon or hundreds or thousands of miles away, small businesses…
#bank#bankruptcy#small business
EquiFin, Inc., a commercial finance company that provides structured credit to small- and mid-size business enterprises (SMEs), today announced that…
#Celtic Capital#commercial finance#smes
The Secretariat of the Economy (SE) has signed a collaboration agreement with the National Financing Agency (Nafin) that will allow…
#economy#guarantees#SME loans