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USA

Small businesses remain optimistic in tough times – survey

According to the Discover Small Business Watch, confidence among small business owners fell to its lowest point in a year in September. (more…)

Cleveland businessman pleads guilty to factoring fraud

Ned Davis Maraman, owner of Daman Tools in Cleveland has been indicted for wire fraud and money laundering.  (more…)

#bank#factoring fraud#invoice


Asset-based loans surge in tight market

When Home Depot tried to sell its struggling wholesale distribution business last month, the price for the unit, HD Supply,…


The Common Themes found in Factoring firms in the...

Mark Mandula from United Capital Funding looks at how to win business and retain loyal clients.  (more…)


New website details alternative financing solutions

RTS International has upgraded its website to make it simplier for customers to find out more information on alternative financing solutions. (more…)


Director appointed to Bridge Finance Group Chicago HQ

Ryan DeWitte has been announced as director of Bridge Finance Group in their Chicago office.  (more…)


Bibby provides accounts receivable financing for Niagara Mist

Bibby has opened a US$250,000 credit facility for the benefit of Niagara Mist Marketing. (more…)

#cash-flow#commercial financing#financial services


1st Trust Factoring introduces new invoice factoring services

1st Trust Factoring has announced it will offer new invoice factoring services to businesses that need to free up cash.…


As US face possible recession factoring more high profile...

As the US lost jobs last month for the first time in 4 years, cutting costs and ensuring regular cash…


Former Bankest chairman sentenced to 20 years

Eduardo Orlansky, former chairman of E.S. Bankest was convicted last year of 44 fraud and money-laundering counts. (more…)

#bank#WHO


IFC Partners Bhutan National Bank on Trade Finance

IFC announced that Bhutan National Bank has become the first bank in Bhutan to join its Global Trade Finance Program.…


New Head of Commercial Finance at Goldberg Kohn

Goldberg Kohn has announced the promotion of David Dranoff to head of the firm's Commercial Finance practice group. (more…)

CIT makes a new appointment

CIT Group Inc. has announced the appointment of Kenneth Brause as Executive Vice President and Director of Investor Relations. (more…)

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