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Anchor Funding acquires Connecticut finance firm

Anchor Funding Services has acquired the assets of purchase order finance and accounts receivable factoring firm (more…)

CIT due in court to finalise restructure

CIT Group Plc will tomorrow confirm its plans for restructure in a hearing at the U.S. Bankruptcy Court for the…

#bankruptcy#CIT#CIT Commercial Services


GE Capital secures Arctic Cat receivables deal

GE Capital s Commercial Distribution Finance (CDF) today announced it is to become the sole provider of inventory finance for…

#acquisition#funding#Inventory finance


Accounts receivables firm's CEO arrested in high profile fraud...

The FBI has raided the offices of accounts receivables firm Fair Finance (more…)


Demand for receivables finance still growing, according to online...

Online invoice finance marketplace the Receivables Exchange (RE) has experienced a 200 percent quarterly growth during this year s third…


Wal Mart offer reverse factoring in wake of CIT...

The world s biggest retailer, Wal Mart, has launched a reverse factoring service for suppliers whose funding could be affected…


Promising start for Oxygen Finance

Recently established factoring company Oxygen Funding, Inc have announced promising business growth during their first year of operation. (more…)


Anchor Funding Services announce quarterly results

Us factoring company Anchor Funding Services has reported a third quarter net loss of (more…)

#acquisition#funding#investments


'New phase of renewal' for GMAC

GMAC has appointed a new CEO to lead the troubled bank s next phase of renewal. (more…)


Commercial Finance Association release asset-based lending index for third...

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


FirstMerit Bank acquires asset based lending division

Ohio s FirstMerit Bank is to acquire the asset based lending division of Missouri-based (more…)

#bank#First Bank#small business


‘Business as usual’ for CIT Commercial Services says Vice...

Peter Mulroy, Senior Vice President of CIT Commercial Services, has declared business as usual at the factoring firm, despite attempts…

#bank#CIT#confirming

Interface offers factoring to CIT clients

Interface Financial Group have become the second factor this week to offer invoice finance services to CIT Group customers (more…)

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