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Export-Import Bank under-utilised

The Export-Import Bank of the United States states it could still be assisting many more exporters. (more…)

#bank#export credit insurance#exporters

Factoring training for former financial employees

A new programme at asset-based lender Resource Management is offering former financial employees training in factoring. (more…)

#alternative lending#bank#commercial finance


GMAC Financial Services posts third quarter loss

GMAC Financial Services, the parent company of global factoring company GMAC Commercial Finance, reported a 2008 third quarter net loss…


Busy times at Crestmark Bank

Mitchell A. Meth has joined Crestmark Bank as first vice president, based out of the company's new office located in New…

#awards#bank#international


Boston Financial & Equity Corporation introduces ABL division

Boston Financial Equity Corporation has introduced its new asset-based lending division, Boston Financial Funding (more…)

#accounts payable#funding#i


GMAC Financial Services in discussions to obtain bank holding...

GMAC Financial Services has confirmed in a statement that it is talking to US federal regulatory authorities about becoming a bank…


Westgate Financial hires director of trade finance

Westgate Financial Corp announced that Louis G. Barone has joined the firm as director of Trade Finance (more…)


First Capital closes USD2m factoring facility

First Capital has provided a US$2m factoring facility to a company that sells, services and maintains a variety of furniture…

#digital#financial services#SAFE


Jerome Gregory joins Summit Financial Resources

Salt Lake City, Utah based Summit Financial Resources has appointed Jerome Gregory as vice president, Business Development in the Northeast…


Mark Schroeder to head Great Lakes new Ohio office

Mark D Schroeder has joined Great Lakes Business Credit and will, as regional marketing director, open and oversee Great Lake…


DBS Bank agree US$13m financing facility

DBS Bank will provide a USD13m financing facility to The Singing Machine Company, including USD7m in accounts receivable factoring  (more…)

#accounts payable#bank#BB&T


CIT Reports Third Quarter Loss

Leading provider of factoring finance solutions for SMEs, CIT Group Inc. (CIT) has posted a loss for the third quarter…

Vioxx Legal Fee Financing Program announced by Entrepreneur Growth...

The Attorney Funding Division of Entrepreneur Growth Capital ("EGC") today announced a new factoring finance option for the hundreds of…

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