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Factor accused of operating Ponzi scheme swindle

A Denver man who solicited US$11m from 300 investors over four-years has been accused of swindling 41 people out of more than US$2.3m. (more…)

Prestige Capital announces new Northeast Sales Director

National factoring firm Prestige Capital Corp has announced Rachel Hersh as Sales Director for the company's Northeast office. (more…)

#financial services#management#Rosenthal


First Capital launches premier export factoring

First Capital has officially launched its export factoring program to enhance its suite of international supply chain finance solutions. (more…)


Euler Hermes sees interest rate cuts into 2008

The effects of three major economic forces are creating a condition contributing to the demise of the economy. (more…)


Capital Business Credit opens factoring division in Florida

Capital Business Credit announced Larry Powali has joined as a senior VP for the opening of Capital Factors Florida. (more…)

#funding#Funding Options#recourse factoring


Thought Leadership: How can I ensure my financial services...

Can your company capitilise firm on the unsettling trends in the SME financial services marketplace? (more…)


Rockland Credit Financing provides pharmacy accounts receivable financing

digiMedical Solutions, Inc. has entered into a contract with Rockland Credit Finance to finance its pharmacy receivables. (more…)

#cash-flow#insurance#receivables


Apex Capital improves factoring experience

Apex Capital, a factor specialising in the trucking industry, has announced the launch of its newly re-designed client website. (more…)


India’s ICICI Bank gets nod for US branch

ICICI Bank has received the green signal to convert its representative office in NY into a full-fledged branch. (more…)

#bank#banks#ICICI Bank


BoB opens subsidiary in Trinidad & Tobago to service...

Public sector lender Bank of Baroda has opened its wholly-owned subsidiary in Trinidad Tobago at Port of Spain. (more…)


Crestmark Bank announces ABL promotions

Crestmark Bank has announced the promotions of four personnel serving asset-based lending. (more…)


JPMorgan and GE report trade finance partnership

JPMorgan Chase and GE Commercial Finance have formed an alliance to offer global accounts receivable purchasing solutions. (more…)

#bank#commercial finance#exporters

CIT Third Quarter Results

CIT Group Inc reported diluted net loss per share of $0.24 for the third quarter of 2007, due to the…

#bank#CIT#international

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