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Atradius Trade Credit Insurance has announced the worldwide availability of its services in partnership with ZANA Network. (more…)
#Atradius#insolvency#international
Sterling National Bank has announced that Joseph Costanza has been named senior vice president of the ABL unit. (more…)
The credit crunch has jumpstarted asset-based lending and factoring on Long Island, as banks tighten lending standards and business borrowers…
Canam Credit USA has launched a new business unit called Expo Debt Assistance Inc. (more…)
Trade credit sector has seemingly weathered the credit crunch but Euler Hermes sees a more challenging business environment ahead. (more…)
KL Finance has closed a US$30m receivable finance facility for timeshare receivables originated at the Aruban Resort Casino. (more…)
Spectrum Brands has closed a US$225m asset-based revolving credit facility with Goldman Sachs and Wachovia Bank. (more…)
#bank#Goldman Sachs#interest rate
Ex-Im Bank extends its offer to reduce its exposure fee on asset-backed financings. (more…)
BB&T Commercial Finance provided US$15m via an ABL facility, for a manufacturer of industrial and commercial sprinklers. (more…)
#BB&T#commercial finance#management
According to the Discover Small Business Watch, confidence among small business owners fell to its lowest point in a year in…
Ned Davis Maraman, owner of Daman Tools in Cleveland has been indicted for wire fraud and money laundering. (more…)
#bank#factoring fraud#invoice
When Home Depot tried to sell its struggling wholesale distribution business last month, the price for the unit, HD Supply,…
Mark Mandula from United Capital Funding looks at how to win business and retain loyal clients. (more…)