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USA

BOA introduces its small business banker program in Mid-Atlantic...

Bank of America (BOA) hires more than 75 new small business bankers in the Mid-Atlantic (more…)

#bank#cash management#management

Slow payments from insurers prompt invoice financiers to expand...

Invoice Factoring Group expands its medical factoring financing (more…)


US banks reluctant to channel government funds to SMEs

Small banks organised as corporations applied for less than a third of the $30 billion available from a U.S. program…


First Capital to provide over $330m new credit lines

New funding enabled First Capital to grow its new business (more…)

#bonds#commercial finance#liquidity


Bibby to provide $6 million factoring facility

Bibby Financial Services provides a $6 million factoring facility for a fast-growing Chicago-based manufacturer (more…)

#cash-flow#financial services#working capital


Social media series: Part I – USA

At the BCR Receivables Finance International Factoring Conference and Exhibition (RFIx), held in Rome this March, Mark Mandula, Managing Partner…

#conference#financial services#international


BDO and Banco Esprito to agree on confidential settlement

On the eve of retrial of a case that produced the largest auditing malpractice verdict ever, BDO USA has agreed…


NewStar Business Credit to hire former Citi executive

NewStar Business Credit hires Nina Fairchild to lead Mid-Atlantic region (more…)

#commercial finance#i#Vice president


Small businesses favour e-payment solutions

Small Businesses express strong desire for e-payment solutions according to the recent survey by US electronic transfers provider (more…)

#bank#receivables#small business


Sterling Bancorp benefits from factoring in Q1

Sterling Bancorp, a financial holding company headquartered in New York City and the parent company of Sterling National Bank, today…


Federal Reserve to confirm 'the recent easing in banks'...

Federal Reserve Board governor sees banks relaxing their former restrictive lending policies (more…)


US Coffee broker extends factoring facility

Javalution Coffee Company extends factoring facility with Crestmark Bank until February 2014. Javalution Coffee Company, coffee broker based in Fort Lauderdale,…

#bank#working capital

CIT announces lifting of cease and desist orders on...

CIT Group Inc. today announced that the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI)…

#bank#CIT#financial institutions

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