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USA

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 flow is more essential than ever.  (more…)

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…)


Hospital plans to raise cash with factoring deal

Pascack Valley Hospital is planning to sell a major asset for immediate cash. (more…)

#bankruptcy#cash-flow


Transcap Trade Finance names BDO, East Region

Transcap Trade Finance LLC has announced the appointment of Holly Hays as business development executive for the East region. (more…)

#commercial finance#management#purchase order


Ex-Im Bank execs look for business in Vietnam

Executives from the Export-Import Bank visited Vietnam to scout for opportunities to supply financial services for exports of US businesses. (more…)


Cratos expands into Midwest

Cratos Capital Partners LLC has opened an office in Chicago and has Bradley Byrd will oversee business development in the Midwest. (more…)


Increasing numbers of businesses filing for bankruptcy

The number of businesses filing for bankruptcy rose to 6,705 in the second quarter, a 7% increase from the start…


The perfect funding for healthcare cash-flow blues

The healthcare industry contributes approximately $1.3 trillion per year to the US GDP. As our population continues to grow and…


Transcap Trade Finance provides USD4.5m in two deals

Transcap Trade Finance finances a Florida-based importer and a Texas-based distributor to the tune of US$4.5m.   (more…)

New online receivables trading business chooses New Orleans

New Orleans Exchange has set up a virtual marketplace for companies that buy and sell accounts receivables, invoices and other assets. (more…)

#bank#receivables#trade

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