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Citigroup has combined its global loans, leveraged finance, asset based finance and emerging market debt businesses after it restructures its fixed income division this month. The move, announced last week by co-heads of credit markets Chad Leat and Mark Watson, is...
#American Express#asset based finance#bank
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 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 announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…
Crdentia Corp., a leading US provider of healthcare staffing services, announced today that it had closed a new $10m receivables-based…
MTI Technology Corporation, a multi-national provider of consulting services and comprehensive IT infrastructure solutions for mid to large size organisations,…
Platinum Funding Group has announced a factoring facility for an industry-leading provider of governance, risk and compliance software and services (more…)
#accounts receivable finance#cash-flow#risk
GE Commercial Finance - Corporate Lending today announced it has provided a US$200m asset-based credit facility to the largest mall-based…
#commercial finance#liquidity#working capital
Company officials with Trinsic said they had no choice but to file for bankruptcy after Thermo Credit LLC pulled its…
Three veteran bankers have joined BB T Commercial Finance to create a new Supply Chain Finance team (more…)
#BB&T#commercial finance#management
BankAtlantic, Tampa Bay, has formed a joint venture with Florida Corporate Funding of Boca Raton to provide businesses with cash…
#cash-flow#funding
Platinum Funding Group financing of Kobe showcases how an early-stage company without a history of performance or revenue can use…
#funding#receivables#working capital
Portfolio quality showed mixed results: Receivables over 90 days matched its low for the year, while average losses increased slightly over…
#bank#CIT#commercial finance