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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 factoring and asset-based (more…)
#bank#BB&T#commercial finance
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 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