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Wells Fargo Business Credit receivables financing for MTI Technology...

MTI Technology Corporation, a multi-national provider of consulting services and comprehensive IT infrastructure solutions for mid to large size organisations, has announced (more…)

Platinum Funding provides factoring facility for Certus Software

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 Corporate Lending provides USD200m asset-based finance to toy...

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


Factor is debtor-in-possession in Trinsic Chapter 11 protection

Company officials with Trinsic said they had no choice but to file for bankruptcy after Thermo Credit LLC pulled its…


BB&T Commercial Finance creates supply chain finance team

Three veteran bankers have joined BB T Commercial Finance to create a new Supply Chain Finance team (more…)

#BB&T#commercial finance#management


Florida joint venture to offer accounts receivable factoring

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 announces funding of a start-up distribution...

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


Monthly leasing and finance index originations nearly double –...

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


Experian launches mobile access to commercial credit database

Experian Group has launched a mobile application that that offers instant access to commercial credit information. Powered by Experian's commercial…

#Commercial Credit


Prime Revenue appoints key director

Supply chain finance provider Prime Revenue has appointed a new director to its board (more…)

#risk#supplier finance#supply chain finance


Platinum Funding Group completes two-year LC and accounts receivable...

Platinum Funding Group announced today it has completed a two-year deal to provide letter of credit and accounts receivable financing…

#accounts receivable finance#funding#letter of Credit


Multi-million dollar lawsuit against auditor of factor begins

A $170-million malpractice suit against BDO Seidman kicked off in a Miami court last week. The lawsuit, brought by Portuguese…

#bank#bankruptcy#financial services

Medical practices boost cash flow through factoring

Selling accounts receivable to access capital before payment is popular with many types of businesses, and it is gaining favour…

#bank#guarantees#invoice

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