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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 Platinum in its 15 years in operation and is nearly double that of 2005. (more…)

#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…


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,…


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…

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