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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
RTS Financial Service, Inc. announced that it is expanding its customer base. (more…)
Bibby Financial Services has announced record new business results for 2007. (more…)
Quantum Corporate Funding announced it has provided a US$400,000 factoring line to a supplier of cosmetics. (more…)
The Federal Reserve on Tuesday moved to ease fears of a US recession by slashing interest rates by 75 basis…
#funding#interest rates#international
First Capital has just announced the official launch of its Trade Payable Discounting programme. (more…)
More small businesses will seek to increase their loan levels or lines of credit during 2008 according to the nationwide…
#small business#small businesses#WHO
Platinum Funding Group annouced that it provided $250 million in financing for new deals in 2007, the company record in…
American Capital Strategies Ltd provided a US$150m commitment of senior subordinated debt financing to support the growth of its portfolio…
Transfac Capital, LLC provided a US$1.2 million factoring facility to a food distribution company in Georgia. (more…)
CIT Group Inc. (NYSE: CIT) today reported a net loss of $130.7 million, or $0.69 per share, for the fourth…
#bank#commercial finance#financial services
Citigroup has revealed that it experienced a net loss of nearly $10 billion (£5 billion) in the last quarter amid…