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GE Capital s Commercial Distribution Finance (CDF) today announced it is to become the sole provider of inventory finance for vehicle and snowmobile manufacturer Arctic Cat, after purchasing (more…)
#acquisition#funding#Inventory finance
The FBI has raided the offices of accounts receivables firm Fair Finance (more…)
Online invoice finance marketplace the Receivables Exchange (RE) has experienced a 200 percent quarterly growth during this year s third…
The world s biggest retailer, Wal Mart, has launched a reverse factoring service for suppliers whose funding could be affected…
Recently established factoring company Oxygen Funding, Inc have announced promising business growth during their first year of operation. (more…)
Us factoring company Anchor Funding Services has reported a third quarter net loss of (more…)
#acquisition#funding#investments
GMAC has appointed a new CEO to lead the troubled bank s next phase of renewal. (more…)
The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index for the third quarter of 2009, revealing a…
#Asset-Based Lending Index#bank#Clear
Ohio s FirstMerit Bank is to acquire the asset based lending division of Missouri-based (more…)
#bank#First Bank#small business
Peter Mulroy, Senior Vice President of CIT Commercial Services, has declared business as usual at the factoring firm, despite attempts…
#bank#CIT#confirming
Interface Financial Group have become the second factor this week to offer invoice finance services to CIT Group customers (more…)
A US factoring firm has re-launched a specialised hotline directed at CIT factoring customers who may be looking for an alternative factoring…
#CIT#commercial finance#confirming
NewAlliance Bank yesterday announced the launch of the bank s first asset-based lending division. (more…)