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Innovative Processing Solutions (IPS), LLC, have announced the launch of FactorLane.com. (more…)
#cash-flow#invoice#liquidity
Wagon, the motor components firm, announced that it has arranged a committed invoice discounting facility. (more…)
#invoice
Bridget Rattigan talks to David DiPiero, president and co-founder of FGI about their hybrid financing programs. (more…)
CIT Group Inc. announced Thomas B. Hallman is retiring as vice chairman effective 31 December 2007. (more…)
BMO Capital Markets has appointed Michael Scolaro as managing director and head of the firm's US Asset-based Lending Group. (more…)
The only major business downturn that CIT Group Inc has seen signs of is in mortgages. (more…)
Sovereign Bank has announced the opening of its Asset Based Lending Group regional office in Chicago. (more…)
An affiliate of New York-based Capital Business Credit has agreed to be the stalking horse bidder* of selected assets and…
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…