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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


First Capital enhances international supply chain finance solutions

First Capital has launched its Pre-Delivery Guaranty service, the first in a series of new international trade finance services it plans to unveil…

#exporters#international#International Trade


Platinum Funding expands to LA

Platinum Funding Group has announced the opening of its Los Angeles office. (more…)

#accounts receivable finance#AR#CIT


Factors Southwest appoints VP Business Development

Factors Southwest has announced the appointment of Melissa Huckins as vice president of Business Development. (more…)


Supply chain concerns follow slower retail sales

Economic pressures continue to impact the economy and slow consumer spending, the effect on the retail industry could cause a serious ripple…


Atradius helps ZANA Network members expand their businesses

Atradius Trade Credit Insurance has announced the worldwide availability of its services in partnership with ZANA Network. (more…)

#Atradius#insolvency#international


Sterling National Bank names Senior Vice President of Asset-Based...

Sterling National Bank has announced that Joseph Costanza has been named senior vice president of the ABL unit. (more…)

Credit crunch jumpstarts ABL and factoring

The credit crunch has jumpstarted asset-based lending and factoring on Long Island, as banks tighten lending standards and business borrowers…

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