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GE Commercial Finance provides $100 Mln Trade Accounts Receivable...

GE Commercial Finance Corporate Lending has provided a $100 million trade accounts receivable securitization to Rexnord Funding LLC. (more…)

Greenfield Commercial Credit joins The Receivables Exchange

The Receivables Exchange has announced that Greenfield Commercial Credit has secured a Tier One Seat on the Exchange. (more…)

#bank#commercial finance#receivables financing


Record number of new client funding facilities for United...

United Capital Funding Corp., has originated a record number of client funding facilities for 2007. (more…)

#factoring industry#funding#management


CIT appoints Co-Presidents of Vendor Finance

CIT Group announced the appointments of Kris Snow and Terry Kelleher as co-presidents of CIT Vendor Finance. (more…)


Capstone Business Credit funds beverage distributor with factoring and...

Capstone Business Credit, LLC announced a two-year, US$78m financing deal with Harbrew Imports, Ltd. (more…)

#funding#order financing#PO


Trade Technologies expands operations into New York

Trade Technologies has announced its acquisition of International Document Control Company Ltd. (more…)

#exporters#international#International Trade


Fed cuts rates by a quarter-point

The Federal Reserve on Tuesday cut interest rates by 25 basis points. (more…)


BofA Business Capital provides USD75m to Bibby Financial Services

Bank of America Business Capital announced it provided a US$75m senior secured credit facility to Bibby Financial Services. (more…)

#bank#financial services#management


Citibank and JP Morgan join efforts to finance Platinum...

Platinum Funding Group, have announced that Citibank has joined with JPMorgan Chase as a participating bank to provide Platinum Funding…

#alternative financing#bank#JP Morgan


ZANA Network launches 90 per cent insured receivables programme

ZANA Network, LLC, has announced it will offer an insured receivables programme. (more…)


Porter Capital becomes Tier 1 member of The Receivables...

The Receivables Exchange announced Porter Capital has partnered with the company. (more…)

#funding#leasing#Porter Capital


CIT appoints Jay Desmarteau president of equipment finance

CIT, today announced the appointment of Jay DesMarteau (40) as President of CIT Equipment Finance. (more…)

New Executive VP Corporate Development for GMAC Commercial Finance

GMAC Commercial Finance has announced Don Morrison as executive vice president. (more…)

#acquisition#commercial finance#management

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