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CIT Commercial Services have confirmed they will not file for bankruptcy with parent bank CIT Group. (more…)
CIT Group has filed for bankruptcy, it was announced today. (more…)
#bankruptcy#CIT#commercial finance
The owner of a small construction business based in New Port Richey, Florida has pleaded guilty to defrauding private factoring…
CIT have secured additional funding from a group of a "group of diverse lenders" (more…)
CIT Group, parent bank of CIT commercial finance, have deemed billionaire investor Carl Icahn s letter to bondholders inaccurate (more…)
#bank#cash-flow#CIT
Alternative receivables financer provider and asset-based lender Capital Match has launched (more…)
CIT Group have once again made alterations to the debt exchange offered to bondholders; the second change since the restructure…
#bankruptcy#CIT#interest rate
1 st Commercial Credit LLC, a factoring firm based in the US, today launched an online database that allows companies to…
#credit reports#payment terms#receivables
Interface Financial Group has commented on the US government s plans to assist small and medium sized enterprises (SMEs) through…
Following steep losses last year, Wells Fargo have announced a record year-on-year growth (more…)
#bank#supply chain finance
Great American Group have introduced a new division that will provide (more…)
#asset based finance#funding#liquidity
CIT have been offered a $6 billion loan from Carl Icahn, (more…)
#bank#bankruptcy#CIT
In a regulatory filing released today, CIT Group have warned they may still have to file for bankruptcy, the Associated…
#bankruptcy#bonds#CIT