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Coral Capital Solutions, a commercial finance company specialising in receivable-based funding, has entered into a USD $9 million factoring transaction with Alpine Limousine Service, a New Jersey-based high-end limousine and chauffeur services. (more…)
#commercial finance#funding#management
The Michigan-based TriMas Corporation, a diversified manufacturer of engineered and applied products, has entered into an amendment of its accounts…
#bank#funding#LIBOR
Greater potential for factoring as banks worldwide fail to meet government commitments to support SMEs, a new report by VRL…
#alternative funding#bank#emerging markets
The New York Stock Exchange (NYSE) has acquired a minority ownership in The Receivables Exchange (TRE) and will join with…
#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).…
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.…