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Euler Hermes ACI – ''substantial'' increase in business bankruptcies...

Business bankruptcies continued a relentless upward pace in the first quarter of 2008 and data suggests that the trend could increase even more as the year progresses, according to analysis from leading business-to-business accounts receivable insurer Euler Hermes ACI. (more…)

Factoring Company Provides $66 Million Factoring Facility to Velocita...

Platinum Funding Group, a leading factoring company, has signed an agreement to provide a $66 million accounts receivable factoring facility…


Bibby Transportation Finance announces Online Debtor Approval System

Bibby Transportation Finance (BTF) announced the implementation of their new Online Debtor Approval System. (more…)

#Flexible Funding#funding#receivables


Ariba among world's best supply chain finance solutions

Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has been recognized as one of the…

#invoice#management#PO


DSA Factors offer to taken on GE Financial accounts

DSA FACTORS, Chicago based finance co. has offered to replace GE Financial with those furniture manufacturers that have been asked…

#banks#financial institutions#i


Factoring company provides USD66 m factoring facility to support...

Platinum Funding Group, a leading factoring company, has signed an agreement to provide a US$66m accounts receivable factoring facility to…


First Chicago Bank names new ABL group team

First Chicago Bank Trust announced that a group of five former ABN AMRO/LaSalle Bank executives led by John Littrell has…

#ABN AMRO#bank#CIT


GMAC Financial Services names Chief Credit Risk Officer

GMAC Financial Services has named Rajinder (Raj) Singh to the newly created role of chief credit risk officer. In this…


CIT Elects Alexander T. Mason President and Chief Operating...

CIT Group Inc., a leading global commercial finance company, today announced that Alexander T. Mason (56) will become the Company's…


PrimeRevenue's supply chain finance platform drives US$30bn in payments...

PrimeRevenue, the leading global provider of Supply Chain Finance (SCF) solutions announced key performance milestones today. (more…)

#bank#cash management#management


Ex-Im Bank doubles Nigerian bank facility

To meet growing demand from Nigerian banks for financing to support Nigerian purchases of US goods and services, the Export-Import…

#bank#emerging markets#exports


CA-WFC gets Transcap

Wells Fargo Business Credit, a unit of Wells Fargo Company (NYSE: WFC), said today that its Factoring division has signed…

#acquisition#international#purchase order

Proficio Bank Provides $17.5 Million to Transfac Capital

Proficio Bank, of Salt Lake City, has closed a $17.5 million rediscount facility for Transfac Capital, a national factoring company,…

#bank#management#receivables

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