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Coface North America are seeing a dramatic increase in demand for the company's trade credit insurance in the United States, as the rise in bankruptcies poses a threat to firms' accounts receivables. While popular in Europe, credit insurance has, until...
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
Bibby Financial Services said today it is unveiling 'KickStart' a specialized funding program for entrepreneurs and small business owners (more…)
FGI Finance has announced the appointment of it's new vice president of business development, responsible for developing the U.S. West…
#commercial finance#commercial lending#purchase order
Troubled lender CIT Group Inc. today announced that it has amended its pending tender offer for its $1bn of Floating…
#CIT#small businesses