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The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index, Q4 2009, (more…)
#bank#commercial finance#non-bank lenders
John La Lota, President of Sterling Factors in the United States, talks to Factorscan about Sterling s recent purchase of…
#bank#CIT#international
A study released today by CIT Group Inc. has found 64 per cent of US small businesses found cash flow…
Bibby Finncial Services in the US has reported that, after a drought of almost two years, apparel companies are beginning…
#cash-flow#financial services#funding
CIT Group Plc today announced that its Board of Directors has authorised the voluntary prepayment of (more…)
Construction company owner Rosa Barrett Herrera has been sentenced to four years in prison and fined $1.1 million for defrauding…
#invoice#WHO
CIT Group Plc yesterday announced that its Board of Directors has elected John Thain as Chairman and Chief Executive Officer,…
GMAC Financial Services reported a $10.3 billion net loss for 2009. Of this figure, a $5 billion net loss was…
Sterling Bancorp, parent company of Sterling National Bank, have released their annual figures for 2009, reporting a net interest income…
#acquisition#bank#management
CIT Commercial Finance - erstwhile giant of the US factoring industry and the recognised crown jewels of the CIT portfolio…
The Receivables Exchange, the first online marketplace for real-time trading of accounts receivable, announced this week that it has (more…)
#business finance#cash-flow#management
The latest Discover Small Business Watch survey, conducted in December, reported that 51 percent of small businesses have experienced cash…
#bank#cash-flow#small business
Bibby Financial Services announced today that during 2009 it added 650 new clients to its lending book, as small and…