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Ex-Im Bank adopts guidelines to enhance transparency, combat fraud...

The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted guidelines for Transaction Due Diligence Best Practices. (more…)

#bank#exporters#exports

Euler Hermes predicts US economy on 'brink of a...

The dramatic change in the unemployment rate became the final factor to indicate that the economy is entering a recession.…

#economic recovery#interest rates#recession


GE Capital Solution’s Commercial Distribution Finance Unit provides multi-million...

GE Capital Solutions, Commercial Distribution Finance, recently approved a multi-million dollar credit line for Computer Word Processing Systems, Inc. (more…)

#order financing#purchase order#working capital


CIT Announces Fourth Quarter Actions

CIT, a leading global commercial finance company, announced today that it will record several items in connection with its fourth…

#CIT#commercial finance#conference


Fed ready for aggressive cut

In a dramatic change of tone, Ben Bernanke on Thursday indicated that the Federal Reserve is ready to cut interest…


Small business owners have more choices for working capital

The Interface Financial Group, announced the opening of new US Interface offices. (more…)

#financial services#international#invoice


GE Corporate Lending Provides $115 Million Credit To Support...

GE Commercial Finance Corporate Lending today announced it provided a $115 million asset-based credit facility to support the acquisition of…

#acquisition#commercial finance#liquidity


Burdale closes US$30m ABL facility

Corgi International Limited announced the completion of approximately US$39.3m in debt and equity financings. (more…)


Textron Financial announces vendor finance division

Textron Financial Corporation, a Textron Inc. company, has established a stand-alone Vendor Finance Division. (more…)


Gemino Healthcare Finance Provides Funding to 12 Companies in...

Specialty lending company Gemino Healthcare Finance provided funding to 12 diverse health care industry companies. (more…)

#banks#funding#receivables


BB&T appoints head of factoring services

BB&T Corporation has promoted Darren Linder to president and managing director of factoring services. (more…)

#bank#BB&T#commercial finance


Hennessey Capital announces US$1.35m in four receivables deals

Hennessey Capital, a Huntington Woods-based specialty finance company, has announced completion of some financing agreements. (more…)

#receivables#security

First female president in Association history

Deborah Monosson, a seasoned asset-based lender, has been named president of The Commercial Finance Association (CFA). (more…)

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