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Greenfield Commercial Credit provides factoring account for MBO

Greenfield Commercial Credit has provided a factoring account to a toll authority staffing contractor with $3.1m annual volume for a management buyout. The minority owner of this (more…)

Capital Business Credit names Younts Exec VP of North...

Capital Business Credit has named Jerry Younts executive vice president and regional manager of its North Carolina office. Younts, whose…


GMAC Commercial Finance sells equipment finance portfolio to Prudential...

GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash…

#commercial finance#financial services#investment


Bergamo secures financing from Greenbridge

Bergamo Acquisition Corp. and Greenbridge Capital today received the bridge loan portion of a comprehensive financing arrangement. The deal structure includes…


Platinum Funding Group announces 2006 results

Platinum Funding Group announced more than $200 million in new deals in 2006. The contract volume is a record for…

#funding


GE Corporate Lending USD71m facility for Quantum Foods

GE Commercial Finance Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC,…


LTSBCF appoints Harrison to head up NY office

Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…


BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…

#bank#BB&T#commercial finance


Citigroup combines loans divisions

Citigroup has combined its global loans, leveraged finance, asset based finance  and emerging market debt businesses after it restructures its fixed…

#American Express#asset based finance#bank


Premier American names Daley SVP, factoring/ABL department

Premier American Bank has named Donovan Daley as senior vice president of the factoring and asset-based lending department. (more…)

#bank#management#Vice president


UC Factors opens Houston office

UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…

#Business Development Manager#compliance#funding


The Commercial Finance Group Names New BDO in Southern...

The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…

Crdentia USD10m working capital facility with Systran Financial

Crdentia Corp., a leading US provider of healthcare staffing services, announced today that it had closed a new $10m receivables-based…

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