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The New York Stock Exchange (NYSE) has acquired a minority ownership in The Receivables Exchange (TRE) and will join with the New Orleans-based firm in trading accounts receivables. (more…)
#receivables#smes
Capital Business Credit (CBC), has developed a programme to lend up to US$500 million to US-based SME manufacturers, as well…
#banks#GDP#international
Florida-based Gateway Commercial has financed a new factoring arrangement with Field Catering Services, a Louisiana-based company that provides catering services…
#bank#i#invoice
The amount of delinquent debt in the United States has varied dramatically for SMEs in the second quarter of 2011,…
First Capital provides textile firm with $5m LOC Florida-based First Capital has provided a $5 million line of credit to…
#commercial finance#liquidity
The Trade Capital division of Wells Fargo Capital Finance has arranged a $55 million senior secured committed credit facility for…
New York-based Coral Capital Solutions (Coral Capital) announces it has funded a factoring deal with Washington-based Universal Management Solutions (UMS).…
#commercial finance#funding#management
The U.S. Department of the Treasury has announced that an additional 37 community banks across the country received a total…
Connecticut-based Finacity and German bank NordLB announce they have increased a client s existing trade receivables securitisation facility to $75…
Connecticut-based Finacity has secured a MXN2.5 billion trade receivables securitisation facility towards the acquisition of building materials provider CEMEX, S.A.B.…
The two California-based companies secure a loan agreement worth $20 million, which includes a $5 million accounts receivable line of…
MerchantCashinAdvance, LLC, credit card "factoring" provider from Califoarnia, announces a launch of a new Business Loan Assistance Programme (more…)
#small business
First Capital provides $8 million asset-based credit facility to Bartash Printing, Inc. (more…)