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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) terminated their Cease and Desist orders (more…)

#bank#CIT#financial institutions

CBC appoints COO and CFO

Global integrated financial products and services company Capital Business Credit LLC has announced the appointment of (more…)


United Capital announce increased renewal of funding facility

United Capital Funding Corp announced today that it has finalised an increased renewal of its current financing facility with Memphis,…


JPMorgan first to support Ex-Im’s Supply Chain Finance Guarantee...

Ex-Im Bank announces $450 Million for Supply Chain Finance Programme with JPMorgan Chase to support U.S. small business and other…

#bank#exporters#payment terms


Anchor reports its first profitable year

Anchor Funding Services, Inc. reports a 52.3 percent increase in revenues and a 48.2 percent decrease in operating expenses in…

#purchase order#receivables#small business


Texas factor complements its product offering with unsecured credit...

Texas based factoring and leasing company launches Unsecured Business Credit lines of up to $ 150 thousand (more…)


Wells Fargo partners with New Orleans factor

Republic Business Credit LLC closes $30 million senior secured financing with Wells Fargo (more…)

#commercial finance#management#purchase order


Sterling Bancorp shares downgraded

Equities research analysts at Keefe, Bruyette Woods, Inc boosted their price target on shares of Sterling Bancorp to $10.50 in…

#bank#financial services#international


Coca-Cola Bottling to contract Taulia Inc’s Invoicement to enhance...

Coca-Cola Bottling Co. Consolidated expects significant savings expected from combination of accounts payable (A/P) automation and dynamic discounting. (more…)

#accounts payable#invoice#management


Former Citi executive joins Freight Capital

Freight Capital appoints Juan G. Estrada a new Vice President of Operations. (more…)


Truckling brokers use factoring to roll ahead

Truckling brokers to discover factoring the financing program form AEGIS Financial Solutions. (more…)

#cash-flow#Paid#transportation factoring


Medical “head hunter” faces twenty years in jail for...

A Jacksonville medical head hunter was indicted Wednesday by a grand jury on 17 counts of wire fraud. (more…)

Capital Business Credit hires former CIT boss

Capital Business Credit LLC appoints new president to create new finance offering for the middle market businesses. (more…)

#banks#CIT#commercial finance

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