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Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its credit facility through an agreement with Transamerica Distribution Finance. This $30.0 million credit facility will provide asset based financing to...
#financial services#i#IBM
CapitalSource, a leading commercial finance firm headquartered in Chevy Chase, Md., announced today the formation of a new division focusing…
#commercial finance#funding#smes
The US economy grew faster in the third quarter than first reported, and consumer confidence rose from a nine-month low…
Sterling Bancorp (NYSE: STL), parent company of Sterling National Bank, today announced that its Board of Directors declared a 20%…
#bank#financial services#international
Factoring companies have increased their business by 8.2% from January to September to Pesos$1,228,287 million (US$1,820 million), according to estimates…
Chilean financial group Inverlink plans to file for a banking license before year-end with a view to opening a bank…
EquiFin, Inc. (AMEX:II AND II,WS), today reported third quarter and nine-month results for the period ended September 30, 2002. EquiFin,…
#AMEX#compliance
For the second time in two months, Brazil's central bank increased its prime lending rate, this time by a percentage…
#bank#Bank of America#economy
Transamerica Distribution Finance, a global provider of inventory finance, accounts receivable finance, and asset-based lending services and Brunswick Corporation (NYSE:…
#accounts receivable finance#financial institutions#Inventory finance
Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…
Twenty-year banking veteran Kathleen Tye was recently named vice president and business development officer for factoring services for Wells Fargo…
#Vice president#WHO
Greater competition and financing problems herald significant changes for Chile's factoring industry, local financial daily El Diario reported. The reduction…
The US Federal Reserve showed its determination to head off renewed threats of economic weakness by cutting interest rates aggressively…
#bank#Bank of England#banks