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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 to find new sources of financing for their receivables. (more…)

#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


Textron Financial promotes Robert Wagner to President of Asset...

Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announces that Robert Wagner has been promoted to president of its…


CIT announces $3 billion long-term committed financing facility with...

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 Appoints BDO in Midwest

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 enters USD1m factoring agreement with BLN Capital...

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

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