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CFA on the hunt for new CEO

The Commercial Finance Association (CFA) has launched a nationwide search to find a new Chief Executive Officer. (more…)

CIT raises funds through private offering

CIT Group, a US-based provider of financing to SMEs, has commenced an offering of shares through a private placement of…

#CIT#regulation#smes


Javlin Capital to provide senior facility to finance purchases...

Javlin Capital to provide debt financing to an affiliate of Presidio Financial, a collection and debt purchase firm. (more…)


United Capital posts record year

United Capital Funding Corp., a Florida-based provider of accounts receivable-based funding and credit management solutions, has reported a record year…


Sears: A reflection of the retail market?

Factorscan recently reported that CIT were withdrawing their funding of the large U.S. retailer, Sears. We asked Mark Mandula of…

#cash-flow#CIT#liquidity


PrimeRevenue adds new executive to European SCF operations

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 approves USD6bn in SME export financing during...

Ex-Im Bank, the official export credit agency of the United States, has marked the first anniversary since the commencement of…

#bank#exporters#Jobs


Transport factoring company allies with Texas savings bank

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 welcome Hanabergh as new EVP and CCO

First Capital, a Florida-based commercial finance specialist, has welcomed Gerard Hanabergh as their new Executive Vice President and Chief Credit…


PrimeRevenue announces 2011 operating results and launches new SCF...

PrimeRevenue Inc., a SaaS platform for supply chain finance (SCF), has announced their operating results for the year ending 31…


CIT stops financing loans to Sears suppliers

CIT Group Inc. has decided to stop financing loans to suppliers waiting to be paid by Sears Holding Corp, according…


New cloud-based credit solution helps banks increase treasury deposits...

Ohio-based e2b software has announced that Anytime Collect, a cloud-based credit and collections management solution, is available for banks and…

Receivables Exchange passes one billion dollar mark

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

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