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Interface offers SME working capital finance

Interface recognizes that the small business of today is a job-creator and will become the mid-sized business of tomorrow providing there is financing help on hand. (more…)

New executive at GE Commercial Finance

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 Corporate Lending provides USD197m asset-based credit facility

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


Distress ratio continues its chilling climb – S&P

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. reappoints Chief Financial Officer

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 launches first no fee referral program

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


California man sentenced to prison in connection with USD20m...

David Villongco of San Mateo, Calif., was sentenced to 33 months in prison in connection with a US$20m scheme to…

#bank#banks#exporters


Economy slows dramatically in Q4

The US economy slowed to a near grinding halt in the fourth quarter of 2007. (more…)

#economy#exports#GDP


Kaulkin Media newsletter to focus on healthcare receivables

Kaulkin Media has launched a monthly newsletter for creditors in the healthcare industry and their strategic partners in the Accounts…


Transfac provides accounts receivable facility to Texas transportation company

Transfac Capital, LLC has announced its US$8m accounts receivable facility for a tank transportation company in Texas. (more…)

#bank#insurance#liquidity


Liquid Capital provides USD1.1m in factoring facilities

Liquid Capital has completed US$1.1m in two transactions to an installer of wireless telecommunications equipment and a provider of oilfield…


Rising fuel costs could push some carriers into bankruptcy

Truckload carriers are increasingly turning to factoring companies to help ease cash flow difficulties. (more…)

#bankruptcy#cash-flow#insurance

Experian files suit against LifeLock, Inc

Experian, a global information services company, has filed suit against LifeLock, Inc. (more…)

#credit reports#WHO

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