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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 and the state of Indiana. (more…)

#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


Southeastern Commercial Finance buys Dominion Business Finance

Dominion Business Finance LLC, an asset-based lender in Tampa, was acquired by Southeastern Commercial Finance LLC in Birmingham, Ala. (more…)


Wachovia Capital Finance names three to ABL leadership roles

Wachovia Capital Finance (WCF), the asset-based lending business for Wachovia Bank, has named three industry leaders to new leadership roles…


GE Commercial Finance provides asset-based credit facility to Kinney...

GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug…

#commercial finance#interest rate#management


Platinum Funding provides USD8m invoice factoring facility

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 provides asset-based credit facility to drug...

GE Commercial Finance Corp. Lending announced that it provided a US$125m asset-based credit facility to a New York-based drug store…

#commercial finance#interest rate#management


New factor announces launch in Southern California

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 appoints New York sales team

Bibby Financial Services (BFS) has announced the appointment of new VPs of Sales and Marketing. (more…)

#bank#commercial finance#financial services


Coface looks to strategic partnership with Kyriba Corporation, invests...

Kyriba Corporation has announced that it received new funding subscribed by its current shareholders and by Coface, a new investor.…

#cash management#international#management


Fed cuts growth forecast for 2008

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, Bank appoints VPs, Sales Managers

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 Increases Bank Credit Line to US$340m

Portfolio Recovery Associates, Inc., announced today that it has expanded its bank credit line to US$340m. (more…)

#bank#management#receivables

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