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CIT Group Inc., a leading global commercial finance company, today announced that Alexander T. Mason (56) will become the Company's President and Chief Operating Officer, effective immediately. (more…)
PrimeRevenue, the leading global provider of Supply Chain Finance (SCF) solutions announced key performance milestones today. (more…)
#bank#cash management#management
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
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, of Salt Lake City, has closed a $17.5 million rediscount facility for Transfac Capital, a national factoring company,…
#bank#management#receivables
Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announces that Robert Wagner has been promoted to president of its…
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…