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Caribbean Bank acquires Hidalgo Finance Group Corp

The acquisition will consist of market expansion for the former private finance company, Hidalgo Corp (which will hereafter operate as Hidalgo Bancorp ) offering financial services, grant, and loan programs to low income households and minority businesses. (more…)

#acquisition#bank#banking services

1-in-5 SME owners don't use any credit, survey determines

One in five small businesses nationwide don t use any form of credit at all, according to a new survey…


Payment discipline

David DiPiero, CEO and Director of FGI Finance in the United States, talks to Factorscan about how payment conditions have…


Bibby urges importers to avoid previous mistakes

The summer may have only just begun, but international trade finance provider Bibby Financial Services (BFS) is calling on import…


Louisiana legitimates receivables electronic exchanges

The Louisiana legislature passed a law, signed by Gov. Bobby Jindal, making the sale of commercial receivables over electronic exchanges…

#commercial finance#insolvency#management


The Interface Financial Group launches educational videos on alternative...

The Interface Financial Group (IFG), North America's alternative funding source for small businesses, announced a new series of educational videos…

#alternative financing#alternative funding#invoice


Receivables Outsourcing announces acquisition of Arc Group Associates

Receivables Outsourcing, Inc. (ROI), an accounts receivable management company based in Timonium, Md., announced today that it has acquired Arc…


United Capital helps fund BP oil clean-up

United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United…


SEC suspends Peregrine former senior treasury manager

The Securities and Exchange Commission has suspended a CPA who was the former senior treasury manager and assistant treasurer at…


Apparel companies are seeking to fund growth

Bibby Financial Services (BFS) has seen an uptick in apparel companies that are seeking factoring facilities to fund growth. (more…)

#cash-flow#financial services


CIT Appoints Chief Financial Officer

CIT Group Inc. today announced the appointment of 43-year-old Scott T. Parker as Executive Vice President, Chief Financial Officer effective July…


CIT announces further progress on key initiatives

CIT Group today announced that it has made further progress on its key corporate initiatives, including its trade finance and…

Discover Small Business Watch finds SMEs seeking alternative finance...

On April 15, US President Barack Obama signed legislation to add $80 million to the Small Business Association (SBA) business…

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