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Tri-S Security announces new US$25.0m ABL facility

Tri-S Security Corp., a provider of security services and equipment for government and private entities, has restated its credit facility with LSQ Funding. (more…)

#cash-flow#funding#liquidity

Major trade credit index reaches record low

A major credit index dropped to its lowest point in its more than five year history. (more…)


CIT ranked number one SBA lender to minority entrepreneurs...

CIT Small Business Lending Corporation was ranked the number one Small Business Administration volume lender for the fifth consecutive year…

#cash-flow#CIT#small business


JD Factors appoints BDO Texas, Arkansas, Louisiana and Oklahoma

J D Factors has appointed Steve Campbell as a business development officer located in Arkansas. (more…)


GE to buy Merrill Lynch lending unit

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. Receives $22 Million Commitment

Spyglass Cedar Creek, L.P. recently announced the successful completion of $22 million in financing via a commitment with CIT Group,…


Squire Sanders selects new leads for International Insolvency Group

Like most business matters, bankruptcy knows no geographic boundaries. (more…)

#insolvency#international#International Trade


USA: Capstone factoring and purchase order financing helps jewellery...

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


Dell to Purchase CIT’s 30% Interest in Dell Financial...

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 enhances export finance offering with IFG...

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. announces financing arrangement with Star Funding Inc

Zevotek, Inc. has announced that it has secured a US$2m purchase order funding and factoring facility from Star Funding, Inc.…


Factors save time and money with RPost

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 report GE to buy lion’s share of Merrill...

Sources close to the matter have told the Monitor/ABF Journal that GE and Merrill Lynch have reached an agreement under…

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