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Preferred Capital, the parent of Preferred Capital Bidco, has acquired Business Credit Partners. (more…)
Platinum Funding Group, has named Anna Belkina as senior business development officer for special situations. (more…)
Zurich, has announced an increase of its political risk insurance capacity to US$125m per risk. (more…)
#emerging markets#exporters#guarantees
GMAC Financial Services reported a 2007 fourth quarter net loss of US$724m. (more…)
#financial services#funding#insurance
Peachtree Settlement Funding has secured another sizeable credit facility for its Structured Settlements division. (more…)
#acquisition#funding#i
Following the announcement that the Federal Reserve cut a key interest rate by 0.5%, Euler Hermes have issued an economic…
The Federal Reserve on Wednesday cut US interest rates by another 50 basis points in an aggressive move to combat…
#bank#interest rates#management
The Receivables Exchange, announced that Advance Business Capital LLC has secured a Tier One Seat on the Exchange. (more…)
Platinum Funding Group, has announced the promotion of Anna Belkina to the position of Senior Business Development Officer for Special…
Liquid Capital has closed three factoring facilities. (more…)
#funding#security#working capital
Transfac Capital, LLC provided a US$400,000 factoring facility to an Iowa transportation company. (more…)
Wachovia Securities announced Jeremiah Keefe has joined its Fixed Income division as managing director and head of Distressed Debt. (more…)
GMAC Commercial Finance has provided a US$200m factoring facility and a US$55m revolving credit facility to Dan River Inc. (more…)
#commercial finance