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The Interface Financial Group (IFG) today announced the addition of three new additions to its services. The firm will now offer export factoring, P.O funding and inventory financing alongside its existing single invoice factoring and other short-term trade finance resources....
#international#invoice#smes
Wachovia, a Wells Fargo subsidiary, last week introduced its first complete end-to-end supply chain finance solution, which will provide both…
#bank#receivables#supply chain finance
CIT Group PLC are seeking to foreclose on a $12 million loan made to New York based property developer 654…
Coface North America are seeing a dramatic increase in demand for the company's trade credit insurance in the United States,…
Coface Credit Management North America, Inc., the factoring arm of Coface North America, has provided a factoring facility for a…
The troubles at factoring giant CIT continue to deepen, with the company remaining tight-lipped about its future. BB&T provide insights…
Senior business leaders in the banking and financial services industry foresee their industry's recovery lagging that of the national economy,…
#cloud#financial services#management
In response to increasing demand for business credit and the sharp decline in the supply of bank loans, Universal Funding…
#bank#commercial finance#international
Last year Covenant Construction Unlimited billed for more than $1m in work. The invoices were passed on to a factoring…
Troubled US lender CIT has been obliged to let one of its clients walk away from contract following an out…
In a filing, CIT Group said it was unable to file its quarterly report for the period ended June 30,…
#CIT#funding#liquidity
Shares in troubled lender CIT Group Inc. dropped more than 20% by the close of trading Monday amid fears the…
#alternative financing#bankruptcy#CIT
Platinum Funding Group has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider…
#banks#funding#liquidity