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RTS Financial offers working capital finance to manufacturers

RTS Financial Service, Inc. announced that it is expanding its customer base. (more…)

Record year for Bibby Financial Services

Bibby Financial Services has announced record new business results for 2007. (more…)


Quantum Corporate Funding provides factoring line to cosmetics supplier

Quantum Corporate Funding announced it has provided a US$400,000 factoring line to a supplier of cosmetics. (more…)


Fed slashes rates

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 launches Trade Payable Discounting

First Capital has just announced the official launch of its Trade Payable Discounting programme. (more…)


More small businesses to seek additional credit in 2008

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 Announces $250 Million in New Deals...

Platinum Funding Group annouced that it provided $250 million in financing for new deals in 2007, the company record in…


American Capital commits US$150m to First Capital to support...

American Capital Strategies Ltd provided a US$150m commitment of senior subordinated debt financing to support the growth of its portfolio…


Transfac Provides USD1.2m factoring facility

Transfac Capital, LLC provided a US$1.2 million factoring facility to a food distribution company in Georgia. (more…)


CIT Reports Fourth Quarter Results

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


Citi loss ups recession fears

Citigroup has revealed that it experienced a net loss of nearly $10 billion (£5 billion) in the last quarter amid…


Business Loan Express (BLX) is Now Ciena Capital

Ciena Capital LLC have just announced that Business Loan Express (BLX) has changed its name to Ciena Capital. (more…)

Wells Fargo Century's Pizzo to Retire

Tom Pizzo, chairman of Wells Fargo Century, part of Wells Fargo Company , said yesterday he plans to retire from the…

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