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Duffy joins Ally CF as Senior MD

Ally Commercial Finance has announced that Daniel M. Duffy has joined the company as a senior managing director. Duffy will be based in Chicago, and will lead Ally's origination efforts in the America s Midwest. (more…)

#commercial finance#corporate finance#management

FastPay secures USD25 million in funding

FastPay secures USD25 million to bring financing solutions to digital media environment. (more…)


Citi joins Ex-im Bank’s Medium-term Delegated Authority Programme

Citi Commercial Bank approves nearly USD1 million to finance texas small-business exports under Ex-Im Bank's Medium-Term Delegated Authority Programme. (more…)

#bank#exporters#exports


Trade Technologies names Frank Pelly as Vice President of...

30-Year banking veteran to assume responsibility for sales team and the continued development of strategic initiatives. (more…)

#bank#international#International Trade


CIT Bank closes USD1 billion funding facility

CIT Bank raises USD1 billion to finance leasing business. (more…)


Crestmark announces strategic partnership

Crestmark and First Citizens enter cooperation to offer working capital solutions. (more…)

#bank#First Citizens#non-recourse factoring


Recent court case drawn attention to factoring industry

In December 2011, Judge David Eliot of the Queens County Supreme court in New York denied Allia Rahman s request…


CFA names new CEO

The Commercial Finance Association (CFA), the global trade association for the asset-based lending and factoring industries, has named Robert Trojan…

#CIT#commercial finance#financial services


CIT to promote Lucas to President

CIT Appoints Jonathan A. Lucas President of CIT Trade Finance. (more…)

#bank#CIT#i


CIT president to retire

CIT announces John F. Daly to retire as President of CIT Trade Finance. (more…)

#CIT#leadership#management


Durham Commercial Capital gets new investor

Roglieri purchases interest in Durham Commercial Capital Corporation.  (more…)


Lochem Capital appoints new CEO

Lochem Capital appoints CEO to facilitate its expansion nationwide. (more…)

Triumph hires two commercial finance veterans to form ‘top...

Triumph expands commercial finance platform with addition of industry veterans Karas and Copple. (more…)

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