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Mark D Schroeder has joined Great Lakes Business Credit and will, as regional marketing director, open and oversee Great Lake s new office in Lakewood, Ohio. (more…)
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
Leading provider of factoring finance solutions for SMEs, CIT Group Inc. (CIT) has posted a loss for the third quarter…
The Attorney Funding Division of Entrepreneur Growth Capital ("EGC") today announced a new factoring finance option for the hundreds of…
Newtek Business Services has announced that Newtek Business Credit has entered into an amendment to its Credit and Security Agreement…
PrimeRevenue, one of the leading global providers of Supply Chain Finance (SCF) solutions reported strong demand for Supply Chain Finance…
Platinum Funding Group, a factoring provider, has signed a US$12m accounts receivable factoring agreement with Compsec Electric Corporation. (more…)
#AR#cash-flow#invoice
Textron President and chief executive, Lewis B. Campbell has announced that the the company will downsize Textron Financial and noted it…
#interest#interest rate#interest rates
SMEs in the U.S. that have fallen victim to tightened credit conditions by commercial banks are turning to less traditional…
Six years after the company collapsed a federal jury has finally began to hear evidence against the top executive of National…
Despite the financial crisis affecting the US, factoring company Woodbridge Investments has reported a record Q3 (more…)
#crisis#investments#Vice president
While the national financial crisis has ground the flow of credit from commercial and investment banks to a halt, less…
US small businesses now receive a 15% premium rate reduction on two types of Export-Import Bank of the United States…