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In the first of an editorial series examining developments in the US, Mark Mandula, Managing Director of United Capital Funding Corporation, provides his insights into the state of the wider US economy. (more…)
#bank#conference#Mark Mandula
Wells Fargo Company has today confirmed that Wells Fargo Bank, N.A. has (more…)
#bank#commercial finance#receivables
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
GMAC could be about to sell its factoring division to Wells Fargo, Bloomberg has reported. Citing two people with direct…
GE Capital Corporate Finance today announced it served as sole lender for (more…)
Trade financier Sterling Bancorp today announced plans to publicly offer approximately 5.1 million common shares of the Company in an…
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 has become increasingly difficult for SMEs to access according to a new report by the National Federation of…
Online receivables market place the Receivables Exchange today reported (more…)
#cash-flow#liquidity#receivables
Crown Crafts today announced that it has amended its financing agreement with CIT Commercial Services, extending (more…)
Capital Partners USA, Inc. today announced the acquisition of (more…)
#bank#funding#small businesses
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