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First Business Financial Services, Inc., has announced that, through its asset based lending company, First Business Capital Corp., it has entered the factoring business with the hiring of a team of three experienced factoring professionals. (more…)
#bank#financial services#management
PaySimple, a Colorado-based provider of cloud-based automated payments and receivables solutions for SMEs, has launched a new receivables management software…
NewStar Financial Inc., a Boston-based commercial finance company, has amended its existing credit facility with Wells Fargo to increase its…
Hitachi Capital America has acquired the assets and operations of Michigan-based Hennessey Capital, which will operate as a division of…
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
A federal grand jury in Rochester, New York, returned a 12-count indictment charging Kenneth M. Griffin, 45, and Brian K.…
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, the online marketplace for selling accounts receivable, has appointed Henry (Hank) Allen as the company s new…
#commercial finance#financial services#Marsh
CIT Group's factoring volume declined by approximately six per cent from the year-ago quarter. (more…)
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 Associates, a New York-based transportation consulting business, has opened its new factoring division. (more…)
#cash-flow#i#leasing
Bank of America Merrill Lynch, a provider of global transaction services, has unveiled a new online supply chain finance module…
#bank#invoice#management
TradeShift, a networked-powered business platform, has announced a strategic partnership with PrimeRevenue a SaaS platform for global supply chain finance…
#bank#platforms#supply chain finance