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Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announces that Robert Wagner has been promoted to president of its asset based lending business, which provides asset based lending and factoring products and services to a variety of industries. (more…)
CIT Group Inc.(CIT), a leading global commercial finance company, today announced that it has agreed to a $3 billion long-term…
Bibby Financial Services (BFS) has appointed Greg Whitten, business development officer, servicing the Midwestern areas of Rockford and Peoria, Illinois…
#cash-flow#commercial finance#financial services
Voyager Petroleum Inc entered into a factoring agreement with BLN Capital Funding LLC, for up to US$1m in purchase order,…
#management#purchase order#receivables
Dominion Business Finance LLC, an asset-based lender in Tampa, was acquired by Southeastern Commercial Finance LLC in Birmingham, Ala. (more…)
Wachovia Capital Finance (WCF), the asset-based lending business for Wachovia Bank, has named three industry leaders to new leadership roles…
GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug…
#commercial finance#interest rate#management
The premier factoring company, Platinum Funding Group, has signed a two-year, US$8.4m invoice factoring agreement with a maintenance contractor servicing…
GE Commercial Finance Corp. Lending announced that it provided a US$125m asset-based credit facility to a New York-based drug store…
Oxygen Funding Corporation, a new factoring company has announced the opening of their corporate offices located in Lake Forest, CA.…
#cash-flow#factoring industry#funding
Bibby Financial Services (BFS) has announced the appointment of new VPs of Sales and Marketing. (more…)
#bank#commercial finance#financial services
Kyriba Corporation has announced that it received new funding subscribed by its current shareholders and by Coface, a new investor.…
#cash management#international#management
The Federal Reserve has cut its 2008 growth forecast to 0.3% to 1.2%, compared to the 1.3% to 2% growth…