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US factoring providers continue to support deliveries to J.C. Penney Company despite its weak financial performance. (more…)
#CIT#liquidity#Penny
Siena Lending Group receives a revolving credit facility from Wells Fargo Capital Finance. (more…)
#bank#banks#funding
Despite an improved overall economic outlook for America’s SMEs, the number of businesses, which are able to obtain adequate financing…
Monica Wozow Monica Wozow, Principal and Corporate Secretary in Universal Funding, has become one of the Industry's first certified factoring…
Exide Technologies has received final Bankruptcy Court approval of its USD500 million debtor-in-possession (DIP) financing. (more…)
#bankruptcy#funding#international
CIT reports Q2 net income of USD184 million, with factoring growth failing to exceed 1pc. (more…)
GE Capital, Corporate Finance has agreed to provide a US$76.8 million asset-based credit facility to Pacific Coast Feather Company, a…
#corporate finance#liquidity#working capital
Pavestone Capital, an established US-based commercial finance company, and Bayside Business Solutions, a commercial finance portfolio management software provider, have…
#commercial finance#invoice#management
Less than 10pc of US Companies use the Chinese currency in trade. (more…)
#bank#exports#international
US-based Synchrony Financial have announced second quarter 2015 net earnings of USD541m, or USD0.65 per diluted share (more…)
#investments#platforms#receivables
A specialised Excess of Loss (XoL) insurance policy can help companies generate receivables-based financing and improve lending terms. (more…)
#credit risk#receivables#risk
EXL partners with GT Nexus to provide comprehensive services to the Global Supply Chain Industry. (more…)
#Bill#cloud#management
New study reveals a gap between corporations desire to introduce reverse factoring and dynamic discounting, and implementation of processes and…
#cloud#management#receivables