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First Capital announced it provided a US$500,000 accounts receivable funding facility with an estimated annual factoring volume of US$1.5m to a California-based security alarm dealer. (more…)
#financial services#funding#security
The dramatic step-up in the Federal Reserve's liquidity support operations reflects growing concern about the deterioration in financial markets since…
Interface recognizes that the small business of today is a job-creator and will become the mid-sized business of tomorrow providing…
General Electric Co. has announced the appointment of its new vice president and tax director of GE Commercial Finance. (more…)
#commercial finance#international#Vice president
GE Commercial Finance Corporate Lending today announced it provided a US$197m asset-based credit facility to Steve Barry's, a national apparel…
#capital requirements#commercial finance#working capital
The US distress ratio accelerated by five percentage points to 16.9% in February, from 11.1% in January, according to new…
#Two
UCBH Holdings, Inc., the holding company of United Commercial Bank (UCB ), has reappointed Jonathan H. Downing as Executive vice…
#bank#leadership#trade
The Receivables Exchange, has announced that it has launched the first No Fee Referral program for the receivables financing industry. (more…)
#alternative financing#receivables#receivables financing
David Villongco of San Mateo, Calif., was sentenced to 33 months in prison in connection with a US$20m scheme to…
#bank#banks#exporters
The US economy slowed to a near grinding halt in the fourth quarter of 2007. (more…)
#economy#exports#GDP
Kaulkin Media has launched a monthly newsletter for creditors in the healthcare industry and their strategic partners in the Accounts…
Transfac Capital, LLC has announced its US$8m accounts receivable facility for a tank transportation company in Texas. (more…)
#bank#insurance#liquidity
Liquid Capital has completed US$1.1m in two transactions to an installer of wireless telecommunications equipment and a provider of oilfield…