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The Receivables Exchange Grants Tier One Seat to Bay...

The Receivables Exchange have just announced that Bay View Funding has secured a Tier One Seat on the Exchange. (more…)

CIT and Lennox Industries Announce Vendor Financing Agreement

CIT Vendor Finance will provide financing to commercial customers of Lennox's North American commercial contractors. (more…)


Global Report: Factoring in the USA 2008

Jonathan A Lucas, Executive Vice President, CIT Commercial Services, gives the overview of factoring in the USA for the forthcoming…

#bank#commercial finance#international


Banks tighten lending standards for business loans

The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…

#bank#credit reports#receivables


CIT Appoints Nancy J. Foster Chief Risk Officer

CIT announced the appointment of Nancy J. Foster as Chief Risk Officer. (more…)

#ABN AMRO#bank#financial services


State seizes trust over alleged loss of USD15m

A trust that handled investments for non-profit groups was taken over by the state of New Hampshire on Monday. (more…)

#insurance#investment#risk


US Ex-Im Bank wins summary judgment in suit to...

A federal court in New York City has ruled in favour of the Export-Import Bank of the United States  to…

#bank#emerging markets#export credit insurance


Liquid completes three factoring facilities

Liquid Capital has provided a US$150,000 factoring credit facility to a company located in Brantford, Ontario. (more…)

#cash-flow#funding#working capital


Kansas small business exports wastewater treatments backed by ...

Bio-Microbics Inc., a small business in Shawnee Mission, Kan., is exporting ten of its FAST wastewater treatment systems to Acuapro…

#bank#exports#financial services


GE Corporate Lending leads USD265m cash flow credit facility

GE Commercial Finance Corporate Lending has announced it led a US$265m cash flow credit facility for EaglePicher Corporation. (more…)

#cash-flow#commercial finance#management


Preferred Capital acquires asset-based lender Credit Partners

Preferred Capital, the parent of Preferred Capital Bidco, has acquired Business Credit Partners. (more…)


Factoring firm reaches out to alternative investment managers

Platinum Funding Group, has named Anna Belkina as senior business development officer for special situations. (more…)

Zurich's emerging markets unit increases political risk capacity

Zurich, has announced an increase of its political risk insurance capacity to US$125m per risk. (more…)

#emerging markets#exporters#guarantees

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