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USA

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 of cash to fund vendors (more…)

Results of the Aberdeen Group Working Capital Optimization Report

Aberdeen surveyed 400 supply chain and finance professionals for this study. Sixty-five percent of respondents indicated that working capital optimization…

#international#management#supply chain finance


Platinum Funding provides US$12m factoring facility

Platinum Funding Group has signed a US$12m accounts receivable factoring facility with Pingho Associates Corporation. (more…)


Atradius Trade Credit Insurance now available to SMEs

Atradius Trade Credit Insurance is now providing trade credit insurance to SME companies with US$2m-15m in annual revenue. (more…)


The characteristics of successful US factoring firms, Part I

This is the next in a series of articles to assist you in winning business and loyal clients. Mark Mandula,…

#business finance#commercial finance#financial services


Former factoring exec gets 20 years

Hector Orlansky was sentenced to 20 years in federal prison for one of the biggest bank frauds ever in South…

#bank#financial institution#frauds


GE Corporate Lending appoints restructuring finance MD

GE Commercial Finance Corporate Lending has announced the appointment of James Hallock as managing director of the restructuring finance team.…

#bank#bankruptcy#commercial finance


Middle market companies confident about business growth

Over 60% of middle market companies are predicting growth over the next 12 months, even though nearly 60% believe the US…

#CIT#financial services#regulation


CIT completes acquisition of M&A advisory firm

CIT Group confirms that it has completed the acquisition of Edgeview Partners, a leading independent M&A advisory focused on serving SME's. (more…)


West Coast Bank a leader in small business administration...

West Coast Bank was recently recognized as a leader among banks in Oregon and SW Washington. (more…)

#acquisition#bank#banks


Transfac Capital retains web design team for invoice factoring...

Transfac Capital has retained the web design team and search engine optimisation experts at Utah Web Services to completely overhaul their existing…


Capital Corp of the West buys Bay View Funding

Capital Corp of the West is buying Bay View Funding, a factoring business headquartered in San Mateo, CA with five business…

Michigan Commercial Credit closes accounts receivable financing

Michigan Commercial Credit provides accounts receivable financing for two Michigan-based companies. (more…)

#cash-flow#Commercial Credit#security

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