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Strong performance from commercial finance arm helps fuel GE...

GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated $15.2 billion in cash from operating activities, up 10%, the Company announced today. "GE delivered solid results in a very...

#commercial finance#economy#i

Speciality lenders expect another hot year in asset based...

Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…

#bank#commercial lending#management


Sun Capital HealthCare provides factoring service to former NCFE...

Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a…


Sterling Bancorp Schedules year-end 2002 earnings date and conference...

Sterling Bancorp, parent company of Sterling National Bank, today announced that the Company is scheduled to release year-end financial results…

#bank#conference#international


Economists see economy picking up and interest rates growing

The U.S. economy will grow 3 per cent or more this year, followed by more robust growth next year as…


Forum aims to teach entrepreneurs how to stretch capital...

Entrepreneurs will have the opportunity to learn how to stretch their capital resources through alternative funding at the first Tech…

#alternative financing#bank#forum


Bay View announces sale of factoring businesses

Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…

#bank#liquidity#management


CIT Commercial Services factoring relationship with fashion design house...

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…

#CIT#CIT Commercial Services#Letters of Credit


SITEL renews 3 year $50m credit facility against receivables...

SITEL Corporation (NYSE: SWW), a leading global provider of outsourced customer support services, today announced it has closed a three-year…


Coface strengthens credit insurance presence through completed CNA Credit...

French credit insurer Coface said it has completed its acquisition of CNA Financial Corp.'s (NYSE:CNA) CNA Credit, a division of…

#Commercial Credit#credit protection#credit reports


New survey indicates some key attributes of successful commercial...

CapitalStream and Northern Consulting announce the release of the 2003 Commercial and Equipment Finance Survey Report focusing on what banks…


Receivables management firm partners with Experian to offer online...

Vengroff, Williams & Associates Inc. (VWA) today announced it has partnered with Experian, the leading provider of custom credit scoring…

Small business to benefit from joint EDC and Desjardins...

Caisse centrale Desjardins, the financial agent for Desjardins Group, is offering its small business members a chance to increase their…

#exporters#international#management

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