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WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing franchised accounts receivable factoring opportunities in Canada. The companies reached Agreement in Principle last Friday. The Corporation is proposing to...
#acquisition#i#management
CIT Group Inc. announced that an amended registration statement has been filed with the Securities and Exchange Commission by CIT…
A federal grand jury on Wednesday charged that Michael R. Agnew, president and sole owner of AGM, and Barbara M.…
Tyco said the sale of its CIT finance unit could be delayed a week. The company had promised to complete…
#CIT#CIT Commercial Services#international
iBX Group, Inc., a publicly held Florida corporation, on Wednesday announced the establishment of a national strategic alliance with Sun…
#capital requirements#financial services#management
Bay View Capital Corporation announced yesterday the sale of its San Mateo-based factoring business with approximately US$25 million in factoring…
Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, today announced that the company has acquired three…
Tyco International Ltd will go ahead with an Initial Public Offering of its financial services unit CIT Group after talks…
#bank#CIT#CIT Commercial Services
Lehman Brothers Holdings, an adviser to Tyco International, bid about US$5 billion for Tyco's CIT finance unit but then appeared…
Accord Financial Corp. announced yesterday that its factoring subsidiary Montcap Financial Corp. has entered into a customer referral program with…
#bank#cash management#international
In a quarterly regulatory filing and a conference call last Thursday the battered Bermuda-based conglomerate made clear that much of…
#CIT#CIT Commercial Services#conference
Sales Linked Finance, a specialised corporate and commercial financing company in Toronto which deals in factoring, will begin a pilot…
#commercial finance#international#Linked Finance
GE Capital Commercial Services, a leading provider of financing solutions for primarily non-investment grade companies, has sent a commitment letter…
#commercial finance#financial services#insurance