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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…
Sterling Factors Corporation has announced the appointment of Lawrence Artman as vice president and southeast regional sales manager. (more…)
#bank#commercial finance#funding
Portfolio Recovery Associates, Inc., announced today that it has expanded its bank credit line to US$340m. (more…)
#bank#management#receivables
Gibraltar Financial Corporation announced the formation of a unique new asset-based lending organization, Gibraltar Business Credit. (more…)
Bibby Financial Services has announced the appointment of Adam Keck as Vice President of Sales for the Phoenix, AZ region.…
#bank#business finance#commercial finance
BB&T Corporation said it has attained Preferred Lender status from the US SBA for the SBA's Export Working Capital Program.…
Daniel Curranof Boynton Beach, Fla. was sentenced to 41 months in prison in connection with a US$30m scheme to defraud…
Proficio Bank has provided a US$30m non-recourse factoring facility for Primacy Relocation. (more…)
GMAC Commercial Finance assisted an investor group led by Insight Equity in providing a US$79m senior secured credit facility to…
#commercial finance
Sami Altaher, Executive Director at FGI Finance, will serve on an expert panel at the New York Institute of Credit.…
The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)
#bankruptcy#insolvency#recession