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GMAC Commercial Finance assisted an investor group led by Insight Equity in providing a US$79m senior secured credit facility to support the recapitalization of Vision-Ease Worldwide. (more…)
#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
USTelematics, Inc., has announced that it has negotiated a purchase order financing facility with Star Funding, Inc. for a minimum…
#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…
#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…