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Letter from Uncle Sam II

The United States economy: troubled times Mark Mandula, Managing Director of United Capital Funding in the United States This is a second in a series of articles about the current state of the United States economy from the perspective of a provider of...

CIT expands factoring agreement with LF USA

CIT Group today announced that it has expanded its factoring relationship with LF USA Inc, a subsidiary of (more…)

#CIT#i#liquidity


Letter from Uncle Sam

In the first of an editorial series examining developments in the US, Mark Mandula, Managing Director of United Capital Funding…

#bank#conference#Mark Mandula


Wells Fargo confirm acquisition of majority of GMAC factoring...

Wells Fargo Company has today confirmed that Wells Fargo Bank, N.A. has (more…)

#bank#commercial finance#receivables


Factoring customers returning to CIT, states Vice Chairman

Factoring customers are beginning to return to CIT Commercial Services, according to a recent statement by CIT Group Vice Chairman…

#bankruptcy#CIT#CIT Commercial Services


Sale of GMAC factoring unit could be announced today

GMAC could be about to sell its factoring division to Wells Fargo, Bloomberg has reported. Citing two people with direct…


GE Capital Corporate finance provides liquidity loan to EP...

GE Capital Corporate Finance today announced it served as sole lender for (more…)


Sterling Bancorp to offer 5.1 million public shares

Trade financier Sterling Bancorp today announced plans to publicly offer approximately 5.1 million common shares of the Company in an…


United Capital Funding secure financing facility

Accounts receivable funding firm United Capital Funding Corp today announced that it had closed on a financing facility with (more…)

#bank#funding#management


Trade credit restrictions continue for SMEs in the USA

Trade credit has become increasingly difficult for SMEs to access according to a new report by the National Federation of…


Receivables sales double on Receivables Exchange

Online receivables market place the Receivables Exchange today reported (more…)

#cash-flow#liquidity#receivables


Crown Crafts extends financing agreement with CIT Commercial Services

Crown Crafts today announced that it has amended its financing agreement with CIT Commercial Services, extending (more…)

Capital Partners acquires First Receivable Funding Georgia

Capital Partners USA, Inc. today announced the acquisition of (more…)

#bank#funding#small businesses

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