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CIT to acquire CITI's U.S. Business Technology Finance unit

CIT Group Inc. , a leading global provider of commercial and consumer finance solutions, announced today that it has signed a definitive purchase agreement to acquire the U.S. Business Technology Finance unit of Citigroup Inc. (more…)

GE CF – Corporate Lending USD365m credit facility for...

GE Commercial Finance - Corporate Lending announced it has provided a US$365m asset-based credit facility to WESCO Distribution, Inc., a…


Baker Hill – commercial and small business loan origination...

Baker Hill  today announced that it has leveraged its business lending history and its origination platform, Bank2Business, to provide financial…


Alabama Gas automates procurement with Open Text's Livelink ECM

Open Text Corporation announce that Alabama Gas has automated its Procure-to-Pay process using Open Text's Livelink ECM(TM) software for use with…


UC Factors expands to Texas

UC Factors opened its Huston office to provide factoring to cater to the funding needs of small and growing businesses…

#cash-flow#funding#small businesses


Wells Fargo Century names Brister president and CEO

Wells Fargo Century, a subsidiary of Wells Fargo Foothill and part of Wells Fargo Company names Stuart Brister president and…


Hennessey Capital provides USD1.15m in three transactions

Hennessey Capital announced the completion of the following financing agreements... (more…)

#bank#letter of Credit#working capital


Blended service of factoring and marketing offered to staffing...

Dillinger Kovach, ad and marketing agency, has partnered with The Hamilton Group, to bring a blended service of factoring and marketing to…

#cash-flow#receivables


Continental business credit provides USD3m to Checkmate Cash Advance

Continental Business Credit, Inc., a factoring and asset-based lender, announced it has provided a USD3m revolving credit facility with a…

#asset-based lender#funding


Chemical Financial Corp new receivables product finds niche

Midland-based Chemical Financial Corp. banks are aiming at commercial accounts with a geographically-exclusive receivables programme (more…)


GE Commercial Finance – Corporate Lending provides US$75m credit...

GE Commercial Finance - Corporate Lending announced it has provided a US$75m asset-based credit facility to a national specialty consumer…

#bank#commercial finance#liquidity


Technology, data, scoring and fraud protection – Experian

Bank2Business combines Experian's small-business scores and information with Baker Hill's small-business lending platform. (more…)

Export credit insurance – a buyers market

 These days, eleven companies are competing to sell protection against the risk of non-payment by foreign customers. That has brought…

#Atradius#bank#exporters

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