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USTelematics, Inc., has announced that it has negotiated a purchase order financing facility with Star Funding, Inc. for a minimum of US$7m in yearly funding volume. (more…)
#letter of Credit#purchase order#purchase order finance
GE announced first quarter 2008 net earnings were US$4.3bn, down 2% from first quarter 2007. (more…)
#commercial finance#financial services
BB&T's SupplyChain360 management team has said it has joined the Supply Chain Strategy and Management Forum at the University of…
The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)
#bankruptcy#economy#recession
Bibby Financial Services has announced the official grand opening of its new office in Phoenix, AZ. (more…)
#acquisition#financial services
Liquid Capital of America Corp appointed Andrew Meroney as a factoring advisor in its Irving, TX, office. (more…)
#commercial finance#FSB#i
The Export-Import Bank of the United States now can support an increased portion of the local (buyer country) costs in…
Bank of America announced it will expand its asset-based lending capabilities to serve smaller middle-market businesses as a result of…
John Schmitz, a Hutchinson resident and business executive has opened an office of The Interface Financial Group. (more…)
#alternative funding#bank#invoice
First Capital announced it provided a US$2.5m factoring facility to a distributor of fabric selling to independent quilt shops as…
One year after watch-listing the United States with a negative outlook, Coface has downgraded its country rating for the US…
#crisis#exports#payment defaults
Expanded use of export credit insurance, now highly visible, has had its counterpart in the import arena. (more…)
#Atradius#export credit insurance#insurance
These days, when Joe Ketzner, executive vice president of credit insurer Euler Hermes ACI in Baltimore, talks about the outlook…
#bank#exporters#invoice