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ICICI Bank set to offer trade finance via New...

ICICI Bank, India's second largest bank, is ready to setup a branch in New York. (more…)

#bank#banks#exporters

De Lage Landen signs healthcare financing programme

De Lage Landen Financial Services have teamed up with Canon USA to provide a US$4m inventory finance and ABL facility.…


Anchor Funding Services launches programmes in the factoring industry

Anchor Funding Services, Inc. has announced its Q3 results to 30 September 2007. (more…)


1st Commercial Credit provides USD5m receivable finance to trucking...

1st Commercial Credit, LLC, an asset based lending company, have just facilitated a US$5m revolving line of credit to a trucking company.…


IPS launches online factor bidding network

Innovative Processing Solutions (IPS), LLC, have announced the launch of FactorLane.com. (more…)

#cash-flow#invoice#liquidity


Wagon enters EUR160m invoice discounting facility

Wagon, the motor components firm, announced that it has arranged a committed invoice discounting facility. (more…)

#invoice


Focus: FGI Finance

Bridget Rattigan talks to David DiPiero, president and co-founder of FGI about their hybrid financing programs. (more…)


CIT vendor finance chief to retire

CIT Group Inc. announced Thomas B. Hallman is retiring as vice chairman effective 31 December 2007. (more…)


BMO Capital Markets appoints Head of US ABL Group

BMO Capital Markets has appointed Michael Scolaro as managing director and head of the firm's US Asset-based Lending Group. (more…)


CIT says only big business downturn is in mortgages

The only major business downturn that CIT Group Inc has seen signs of is in mortgages. (more…)


Sovereign Bank's Asset Based Lending Group opens Chicago office

Sovereign Bank has announced the opening of its Asset Based Lending Group regional office in Chicago. (more…)


Factoring company stalking horse bidder for PeopLoungers

An affiliate of New York-based Capital Business Credit has agreed to be the stalking horse bidder* of selected assets and…

Credit crisis affirms merits of Basel II

The market upheaval that resulted from this summer's credit crisis underscores the merits of new capital requirements and risk management…

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