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The Louisiana legislature passed a law, signed by Gov. Bobby Jindal, making the sale of commercial receivables over electronic exchanges located in Louisiana defensible on a national level as a 'true sale' of the asset. (more…)
#commercial finance#insolvency#management
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, Inc. (ROI), an accounts receivable management company based in Timonium, Md., announced today that it has acquired Arc…
United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United…
The Securities and Exchange Commission has suspended a CPA who was the former senior treasury manager and assistant treasurer at…
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 Group Inc. today announced the appointment of 43-year-old Scott T. Parker as Executive Vice President, Chief Financial Officer effective July…
CIT Group today announced that it has made further progress on its key corporate initiatives, including its trade finance and…
On April 15, US President Barack Obama signed legislation to add $80 million to the Small Business Association (SBA) business…
A married couple have been found guilty of defrauding a New Zealand factoring firm with false invoices arising from their…
#funding#international#outstanding invoices
United Capital Funding Corp announced today that it has set up a special program to provide immediate funding for businesses…
#management#Mark Mandula#receivables
Stealth Trucking and CLXM Inc. have announced the completion of a receivables finance program with Capital Credit Incorporated, a US…
#cash-flow#invoice#receivables
Andrew Tananbaum, President and CEO of Capital Business Credit in the United States, talks to Factorscan about the difficulties faced…
#bank#emerging markets#international