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The Commercial Finance Association USA reiterates their focus on...

  The Commercial Finance Association USA reiterates their focus on education for the new generation of factoring specialists at their 68 th Annual Convention. Ivan Baker and Mark Mandula, United Capital Funding Corp. USA, report exclusively for Factorscan. (more…)

#commercial finance#Mark Mandula#PO

First Business launches factoring service

First Business Financial Services, Inc., has announced that, through its asset based lending company, First Business Capital Corp., it has…

#bank#financial services#management


PaySimple unveils new receivables management program

PaySimple, a Colorado-based provider of cloud-based automated payments and receivables solutions for SMEs, has launched a new receivables management software…


NewStar Financial increases lending capacity by USD150m to support...

NewStar Financial Inc., a Boston-based commercial finance company, has amended its existing credit facility with Wells Fargo to increase its…


Hitachi Capital America enhances factoring business with latest acquisition

Hitachi Capital America has acquired the assets and operations of Michigan-based Hennessey Capital, which will operate as a division of…


United Capital sets up funding program to assist Hurricane...

United Capital Funding Corp., a Florida-based provider of professional accounts receivable-based funding and credit management solutions, has set up a…

#funding#management#Mark Mandula


Factoring fraudsters charged with money laundering

A federal grand jury in Rochester, New York, returned a 12-count indictment charging Kenneth M. Griffin, 45, and Brian K.…


Ex-Im Bank reinsures Coface North America's issue of export-credit...

The Export-Import Bank of the United States (Ex-Im Bank) has agreed with trade credit insurer Coface North America Insurance Company…


The Receivables Exchange appoints new CEO

The Receivables Exchange, the online marketplace for selling accounts receivable, has appointed Henry (Hank) Allen as the company s new…

#commercial finance#financial services#Marsh


CIT reports lower factoring volume

CIT Group's factoring volume declined by approximately six per cent from the year-ago quarter. (more…)


TCI Oilfield Factoring introduces new factoring lines

TCI Oilfield Factoring, a US-based provider of oilfield factoring services, has released new Permian Basin factoring lines specifically designed for…

#international#invoice#TCI Business Capital


Integrated Logistics launches factoring division

Integrated Logistics Associates, a New York-based transportation consulting business, has opened its new factoring division. (more…)

#cash-flow#i#leasing

BoA Merrill Lynch release new SCF online product

Bank of America Merrill Lynch, a provider of global transaction services, has unveiled a new online supply chain finance module…

#bank#invoice#management

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