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Demand for factoring climbs as credit crunch continues

Bibby Financial Services said today that in the first half of 2009 it has experienced growing interest in factoring services from across the U.S (more…)

CIT remains in search for liquidity solutions

CIT Group Inc, a provider of financing to SMEs, has confirmed that it remains in discussions with its principal regulators…


United Capital achieves 100% bankruptcy protection

United Capital Funding Corp today announced that it has successfully shielded 100% of its clients from credit losses due to…

#bankruptcy#credit risk#Mark Mandula


Platinum provides $66m factoring facility

Platinum Funding Group has signed an agreement to provide a US$66 million accounts receivable factoring facility (more…)


Bibby named approved lender by Ex-Im Bank

Bibby International Trade Finance announced today that it has been named an approved lender by the Export-Import Bank of the…

#bank#guarantees#international


Sterling Bancorp acquire factoring business

Sterling Factors Corporation has acquired a factoring business which provides factoring, import trade financing and accounts receivable management services (more…)


First Capital Provides $5.5m factoring facility

First Capital announced it has provided a $5.5 million accounts receivable factoring and inventory credit facility (more…)

#financial services#working capital#working capital solutions


Judge rules in landmark Factoring audit trial

A Miami judge ruled on Tuesday in an ongoing case in which BDO International is accused of not properly overseeing BDO Seidman in…


Factoring provider appoints new group president

Factoring provider Crestmark Bank has announced the appointment of it's new group president to lead Crestmark's east coast region and establish a…


CFA survey reveals signs of credit market rebound

The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index, Q1 2009, revealing that 64 percent of asset-based…


Navigating a way through the crisis

Robin Nix , Director of UPSC Global Trade Finance Corporation in the United States, talks to Factorscan about the challenges…


ABL industry grew by 8% in 2008

During a year of unprecedented turmoil and instability in the credit markets, the asset-based lending industry achieved its seventh consecutive…

#commercial finance#factoring industry

Challenges and opportunities: factoring in the States

Darren Linder, President and Managing Director of Factoring Services at BB&T Commercial Finance talks about the challenges presented by the…

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