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Factorscan recently reported that CIT were withdrawing their funding of the large U.S. retailer, Sears. We asked Mark Mandula of United Capital Funding, if this withdrawal reflected an increase in retail risk perceived by factors. (more…)
#cash-flow#CIT#liquidity
PrimeRevenue Inc., the SaaS platform for global supply chain finance (SCF), has appointed Oliver Belin as business development executive for…
#emerging markets#SaaS#supply chain finance
Ex-Im Bank, the official export credit agency of the United States, has marked the first anniversary since the commencement of…
#bank#exporters#Jobs
Texas-based Advance Business Capital (ABC), a for-hire transportation factoring company, has formed a strategic alliance with Triumph Savings Bank that…
#bank#commercial finance#management
First Capital, a Florida-based commercial finance specialist, has welcomed Gerard Hanabergh as their new Executive Vice President and Chief Credit…
PrimeRevenue Inc., a SaaS platform for supply chain finance (SCF), has announced their operating results for the year ending 31…
CIT Group Inc. has decided to stop financing loans to suppliers waiting to be paid by Sears Holding Corp, according…
Ohio-based e2b software has announced that Anytime Collect, a cloud-based credit and collections management solution, is available for banks and…
The Receivables Exchange (TRE), an online marketplace for U.S. receivables sales, has reported that, since its inception, it has funded…
#business finance#economy#receivables
PrinSource Capital Co., a Minnesota-based factoring and asset-based lending company, has been sold to North Mill Capital. (more…)
#acquisition#bank#investment
The Receivables Exchange (TRE), an online marketplace for U.S. receivables sales, has announced a strategic alliance with Insperity, a human…
#investment#receivables#smes
Savtira Corporation, a new Florida-based B2B cloud commerce solutions company, has announced that Dwight D. Richert, owner and operator of…
Pacific Brands, a provider of lifestyle brands, has deployed an open supply chain finance (SCF) platform from PrimeRevenue to support its…