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JPMorgan Chase and GE Commercial Finance have formed an alliance to offer global accounts receivable purchasing solutions. (more…)
#bank#commercial finance#exporters
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 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 Group has announced the opening of its Los Angeles office. (more…)
#accounts receivable finance#AR#CIT
Factors Southwest has announced the appointment of Melissa Huckins as vice president of Business Development. (more…)
Economic pressures continue to impact the economy and slow consumer spending, the effect on the retail industry could cause a serious ripple…
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