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CIT Small Business Lending Corporation was ranked the number one Small Business Administration volume lender for the fifth consecutive year to women, veteran and minority-owned businesses. (more…)
#cash-flow#CIT#small business
J D Factors has appointed Steve Campbell as a business development officer located in Arkansas. (more…)
Merrill Lynch Co Inc, buffeted by huge write-downs of mortgage-related securities, recently said it would sell most of its middle-market…
Spyglass Cedar Creek, L.P. recently announced the successful completion of $22 million in financing via a commitment with CIT Group,…
Like most business matters, bankruptcy knows no geographic boundaries. (more…)
#insolvency#international#International Trade
Just over a year ago, jewellery design business D'Annunzio Group International was chugging along at a steady and predictable pace.…
#asset-based lender#bank#international
CIT and Dell Inc. recently announced that Dell will purchase CIT's 30% interest in their US based Dell Financial Services…
#CIT#financial services#funding
Bibby Financial Services in the US and Canada has recently become a member of the International Factors Group (IFG). (more…)
#financial services#international#smes
Zevotek, Inc. has announced that it has secured a US$2m purchase order funding and factoring facility from Star Funding, Inc.…
RPost has announced that the factoring industry is widely adopting RPost as the service platform for business-critical communications with clients…
#assignment#international#international factoring
Sources close to the matter have told the Monitor/ABF Journal that GE and Merrill Lynch have reached an agreement under…
Mark Mandula Principal, United Capital Funding Corp looks at the year to come and the ways that factoring companies can…
#financial institution#financial services#interest rates
This year's IFA factoring conference is due to be held at Hotel Del Coronado in San Diego, California. (more…)