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An affiliate of New York-based Capital Business Credit has agreed to be the stalking horse bidder* of selected assets and business operations of PeopLoungers. (more…)
The market upheaval that resulted from this summer's credit crisis underscores the merits of new capital requirements and risk management…
Gregg D. Rubin, Mamaroneck, has been named president of Harbor Business Credit LLC, a factoring company in New York City…
First Capital, has announced the official launch of its Foreign Inventory Financing and Inventory Purchase programmes. (more…)
Aquiline Capital Partners LLC, announced Steven F. Kluger has joined the firm as a senior advisor. (more…)
#commercial finance#financial services#international
These aren't exactly banner days for many financial companies, but there are a few bright spots and asset-based lenders occupy…
TransCore partners with Advance Business Capital, one of the country's fastest growing factoring services. (more…)
Two men from the Philippines have been charged in connection with a US$16m scheme to defraud the Ex-Im Bank, USA.…
#bank#banks#exporters
Wells Fargo Business Credit has hired Scott Terryn as a returning business development officer for the Detroit area. (more…)
#bank#financial services#JP Morgan
BTB Capital has announced a new factoring program just for installers of solar panels and solar energy systems. (more…)
Marlin Business Services Corp reported net income of US$5.0m for Q3 but it will discontinue the origination of new factoring…
#funding#receivables#small business
Allied Waste Receivables Funding Inc. has increased its securitized accounts receivable facility by US$100m. (more…)
Platinum Funding Group announced a two-year US$6-million financing facility for Cal Stonewood Properties LLC. (more…)
#funding#small business#Two