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GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash sale of $607 million of its equipment finance portfolio to (more…)
#commercial finance#financial services#investment
Bergamo Acquisition Corp. and Greenbridge Capital today received the bridge loan portion of a comprehensive financing arrangement. The deal structure includes…
Platinum Funding Group announced more than $200 million in new deals in 2006. The contract volume is a record for…
#funding
GE Commercial Finance Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC,…
Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…
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 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