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USA

Factors and Sureties: Peaceful co-existence

The United States is experiencing modest growth in public works construction. However, credit access continues to be difficult for new, small to mid-sized contractors and subs, particularly minority-owned, disadvantaged or service disabled-owned contractors and subs, whose participation in publicly funded...

#bank#invoice#management

Hudson Valley Bank establishes ABL unit to appeal to...

Former MD and of Wachovia Capital Finance chief credit officer will lead Hudson Valley’s asset-based lending group. (more…)

#alternative financing#bank#commercial lending


Wells Fargo undertakes its first Medium Term Delegated Authority...

Ex-Im Bank has authorized Wells Fargo to lend for U.S. Small Business Exports to Singapore. (more…)

#bank#exporters#exports


Paragon Financial celebrates 20 years financing SMEs

Paragon Financial Group Inc. is celebrating 20 years of funding the small business community. (more…)

#bank#Paragon#purchase order


Gulf Coast Business Credit implements CADENCE for Factoring platform...

The Accounts Receivable Finance Division of Gulf Coast Bank & Trust Company starts operating Bayside Business Solutions’s factoring software. (more…)

#accounts receivable finance#bank#commercial lending


Businessman pleads guilty in USD1m fraud case

An American businessman has pleaded guilty before a Senior U.S. District Judge to wire and mail fraud charges, in a…

#bank#funding#Jobs


Memorial Healthcare System taps IBM to prevent vendor fraud...

Big Data Analytics and Smarter Content Management contribute to millions in cost savings and increased vendor transparency. (more…)

#accounts payable#IBM#invoice


On advertising channels used by US factors

Following Bankinter’s launch of its corporate finance services adverting campaign on Spain's public rail transport, Mr. Mandula examines the most…

#bank#banks#digital


On advertising channels used by US factors

Following Bankinter’s launch of its corporate finance services adverting campaign on Spain's public rail transport, Mr. Mandula examines the most…

#bank#banks#digital


TCI Oilfield Factoring partners with e-invoicing services provider

TCI Oilfield Factoring will offer invoice discounting to Cortex users. (more…)

#invoice#outstanding invoices#Vice president


First Capital enters factoring agreement with YS Garments

First Capital, a New York-based commercial finance company, has entered into a factoring agreement with YS Garments, Inc., dba Next…


Citi to provide assed-based finance to mid-sized business

Citi Commercial Bank expands asset-based lending for mid-sized companies. (more…)

#bank#Gordon Brothers#international

First Capital provides USD10m accounts receivable facility to chemical...

First Capital, a New York-based commercial finance company, has provided a US$10million accounts receivable purchase facility to the US subsidiary…

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