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CIT announces USD500m common stock repurchase programme

CIT Group Inc., announced that it has contracted with BNP Paribas to execute a US$500m common stock repurchase programme on an accelerated basis (more…)

#cash-flow#CIT#small business

US 2006-2007: Roadmap for domestic factors points to Europe

For the first time in many years, there were no large acquisitions or divestitures of factoring companies in the United…


GMAC CF provides USD 5 million factoring facility to...

The Commercial Services Division of GMAC Commercial Finance (GMAC CF) announced the closing of a US$5m working capital facility provided…


Bayside Business Solutions relocates, expands operations centre

Bayside Business Solutions announced the expansion and relocation of its Operations Center (more…)


Factors to get tailor-made credit checker

The International Factoring Association (IFA) is working on a scheme to provide its factor members a way of checking credit…

#factoring industry#international#international factoring


Increase in acquisitions in accounts receivable management likely in...

Thanks to two blockbuster transactions in the fourth quarter, merger and acquisition activity in the Accounts Receivable Management (ARM) industry…

#acquisition#investment#management


CIT to use ICC IP Payments Framework solution

As a member of Payment as a Secure Services (PASS TM ), CIT will leverage the IP Payments Framework to…


Griswold secures major factoring deal

Platinum Funding Group has announced it has completed a two-year factoring facility for Griswold Manufacturing, worth (more…)

#acquisition#cash-flow#funding


Marquette CF poaches GE managing director for working capital...

Industry veteran Dan Karas has joined Marquette Commercial Finance as executive vice president in charge of sales and marketing (more…)

#commercial finance#Vice president#working capital


Economists mixed on outlook for 2007

As 2007 begins, experts are mixed on what the economy will look like in the coming year. While most analysts…

#GDP#inflation#interest rates


Factoring unit restructured at Marlin

Marlin Business Services has announced a series of changes to its management. Lynne Wilson, Marlin's chief financial officer, will assume…

#management


Dwinn-Shaffer arranges USD8m factoring agreement

Dwinn-Shaffer Company's newly formed Corporate Finance Division announced the negotiation of an US$8m factoring agreement arranged for a long-standing client…

#cash-flow#corporate finance#funding

Capstone provides USD19m factoring deal to jewellery distributor

Fine jewellery distributor and manufacturer D'Annunzio Distribution Inc., based in Totowa, New Jersey, signed a two-year, US$19.2m financing deal with…

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