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The Federal Reserve on Tuesday moved to ease fears of a US recession by slashing interest rates by 75 basis points for the first time in more than 20 years. (more…)
#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…
Ciena Capital LLC have just announced that Business Loan Express (BLX) has changed its name to Ciena Capital. (more…)
Tom Pizzo, chairman of Wells Fargo Century, part of Wells Fargo Company , said yesterday he plans to retire from the…
Burdale Capital Finance, Inc. announced the opening of its New York City office. (more…)
#bank
On the heels of their Q4 acquisition of TPG Commercial Finance, Crestmark Bank announces their second recent acquisition. (more…)
#acquisition#bank#commercial finance
Bibby Financial Services has announced the appointment of Stewart Chesters as Chief Executive Officer for the North American division. (more…)
#financial services#funding#international