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BB&T named a Preferred Lender by the SBA for...

BB&T Corporation said it has attained Preferred Lender status from the US SBA for the SBA's Export Working Capital Program. (more…)

Florida man sentenced to prison for USD30m scheme to...

Daniel Curranof Boynton Beach, Fla. was sentenced to 41 months in prison in connection with a US$30m scheme to defraud…


Proficio Bank provides USD30m factoring facility to Memphis relocation...

Proficio Bank has provided a US$30m non-recourse factoring facility for Primacy Relocation. (more…)


GMAC CF assists in USD79 m facility for Vision-Ease...

GMAC Commercial Finance assisted an investor group led by Insight Equity in providing a US$79m senior secured credit facility to…

#commercial finance


FGI Finance Executive Director, to Participate in Lender's Roundtable...

Sami Altaher, Executive Director at FGI Finance, will serve on an expert panel at the New York Institute of Credit.…


Euler Hermes ACI: Economic woes continue

The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)

#bankruptcy#insolvency#recession


Star Funding in USD7m purchase order finance deal

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 reports drop in income on double-digit earnings

GE announced first quarter 2008 net earnings were US$4.3bn, down 2% from first quarter 2007. (more…)

#commercial finance#financial services


BB&T joins supply chain management forum

BB&T's SupplyChain360 management team has said it has joined the Supply Chain Strategy and Management Forum at the University of…


Business bankruptcies continue upward trend through Q1

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 announces grand office opening in Phoenix

Bibby Financial Services has announced the official grand opening of its new office in Phoenix, AZ. (more…)

#acquisition#financial services


Liquid Capital appoints factoring advisor

Liquid Capital of America Corp appointed Andrew Meroney as a factoring advisor in its Irving, TX, office. (more…)

#commercial finance#FSB#i

Ex-Im Bank increases support for local costs on US...

The Export-Import Bank of the United States now can support an increased portion of the local (buyer country) costs in…

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