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Siemens First Capital Commercial Finance, LLC announced an accounts receivable purchase programme for middle-market companies. (more…)
CIT has announced that it has provided a $90 million revolving line of credit and term loan to Como Fred…
#CIT#CIT Commercial Services#funding
Bibby Financial Services (BFS) has expanded its US business with a Client Service Center in Houston, Texas. (more…)
#financial services#receivables#working capital
Aerovance Inc. announced it has secured US$20m in venture debt financing. (more…)
Anchor Funding Services, Inc. has announced its results for 2007. The company reported 2007 finance revenues of US$423,024 (more…)
#acquisition#commercial finance#compliance
New orders for manufactured durable goods in February decreased US$3.6bn or 1.7% to US$210.6bn, the US Census Bureau announced. (more…)
CIT today announced that it is drawing upon its $7.3 billion in unsecured U.S. bank credit facilities. (more…)
#bank#CIT#funding
European shares are down, despite Tuesday's US interest rate cut, as worries remain over the credit crunch. (more…)
Platinum Funding Group has signed an agreement for a US$25m accounts receivable factoring facility with Cumberland Valley Fabricators, Inc. and…
The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to…
Sterling Factors Corporation approved a US$2.5m advance factoring facility to an import manufacturer and private label designer of men's leather…
#bank#Sterling National Bank#working capital
The Receivables Exchange, America's first online marketplace for real-time trading of accounts receivable, announced that it will join the International…
#commercial finance#conference#international
The U.S. economy will shrink in the second quarter, but avoid a recession this year. (more…)
#Clear#Jobs#recession