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Business bankruptcy rates continue to rise in 2007

Business bankruptcies continue to rise in 2007, as Q2 filings showed another dramatic rise in the number of businesses seeking protection. (more…)

The characteristics of successful US factoring firms, Part II

This is part two in a series of articles focussing on how to more successfully manage the financial aspects of your…

#business finance#international#International Trade


Bridge Business adds market manager

Bridge Business Bancorp has added Tony Clair as a Market Manager in Omaha, NE. (more…)

#Bridge#financial services#i


Wells Fargo appoints BDO to Florida ABL unit

Wells Fargo Business Credit has hired Beth Braznell as business development officer in Florida and she is responsible for the asset-based…

#bank#financial services#Wells Fargo Bank


First Capital funds invoice purchasing facility

First Capital has provided a US$250,000 invoice purchasing facility to a NY corporate gift and promotional marketing distributor specialising. (more…)


Platinum Funding appoints new VP of underwriting

Platinum Funding Group announced the appointment of Mary Ellen Nixon-Moore as vice president of underwriting. (more…)


BDO faces USD170m liability after Bankest verdict

BDO Seidman could be crippled by a jury verdict handed down in a Florida court. (more…)

#bank


Habib strengthens its trade finance position

Habib American Bank has licensed IBSnet, Surecomp SWIFTReady Gold accredited, Windows-based trade finance solution to exploit the power and functionality of IBSnet.…


Debt Resolve to complete Creditor Interchange deal in August

Debt Resolve said that it expects to complete a previously announced acquisition of Creditors Interchange on August 31.  (more…)


Ex-Im Bank working capital guarantee helps Retech Systems

Retech Systems Ukiah to receive a US$20m working capital loan guarantee from the Ex-Im Bank to export its metals-processing equipment. (more…)


Finacity Corp signs trade receivables securitization for PCD

Finacity Corporation announced that it has closed a trade receivables securitization for Papel, Cartón y Derivados S.A. de CV. (more…)


Bladex and Fimbank to offer full factoring in Latam

Banco Latinoamericano de Exportaciones signs a memorandum of understanding with FIMBank to offer full factoring services to companies, banks and other…

New factoring agreement for XchangeTel

The 90% factoring plan will allow XchangeTel to trade with larger, tier 1 carriers such as AT&T without needing large amounts…

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