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USA

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 case involving a New York factoring company. (more…)

#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…


GE Capital agrees financing deal with RadioShack

Texas-based RadioShack Corp has secured a fresh round of financing from GE Capital, according to sources familiar with the matter.…

#bank#Bank of America


First Niagara prepares for ABL business expansion with new...

The asset-based lending unit of First Niagara Financial Group Inc. has hired an experienced banker to drum up new business…

#bank#commercial finance#financial institution


Seabury Group acquires supply chain finance provider

1 East West Limited, a provider of supply chain finance solutions with a focus in Asia and operator of SCFExchange.com,…

#alternative financing#bank#invoice


CIT becomes factoring provider to newly combined fashion companies

CIT serves as lead arranger for USD110 million financing for Joe's Jeans' acquisition of Hudson Clothing. (more…)

BFS sponsors L.A. Fashion Weekend

Bibby Financial Services named Official Financial Partner Sponsor of premier fashion event. (more…)

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