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GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug store chain, Kinney Drugs. (more…)
#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…
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…