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The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)
#bankruptcy#insolvency#recession
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 announced first quarter 2008 net earnings were US$4.3bn, down 2% from first quarter 2007. (more…)
#commercial finance#financial services
BB&T's SupplyChain360 management team has said it has joined the Supply Chain Strategy and Management Forum at the University of…
#bankruptcy#economy#recession
Bibby Financial Services has announced the official grand opening of its new office in Phoenix, AZ. (more…)
#acquisition#financial services
Liquid Capital of America Corp appointed Andrew Meroney as a factoring advisor in its Irving, TX, office. (more…)
#commercial finance#FSB#i
The Export-Import Bank of the United States now can support an increased portion of the local (buyer country) costs in…
Bank of America announced it will expand its asset-based lending capabilities to serve smaller middle-market businesses as a result of…
John Schmitz, a Hutchinson resident and business executive has opened an office of The Interface Financial Group. (more…)
#alternative funding#bank#invoice
First Capital announced it provided a US$2.5m factoring facility to a distributor of fabric selling to independent quilt shops as…
One year after watch-listing the United States with a negative outlook, Coface has downgraded its country rating for the US…
#crisis#exports#payment defaults
Expanded use of export credit insurance, now highly visible, has had its counterpart in the import arena. (more…)
#Atradius#export credit insurance#insurance