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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
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 Group has launched a mobile application that that offers instant access to commercial credit information. Powered by Experian's commercial…
#Commercial Credit
Supply chain finance provider Prime Revenue has appointed a new director to its board (more…)
#risk#supplier finance#supply chain finance
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
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
Selling accounts receivable to access capital before payment is popular with many types of businesses, and it is gaining favour…
#bank#guarantees#invoice
CIT Group Inc., announced that it has contracted with BNP Paribas to execute a US$500m common stock repurchase programme on an…
#cash-flow#CIT#small business
For the first time in many years, there were no large acquisitions or divestitures of factoring companies in the United…
The Commercial Services Division of GMAC Commercial Finance (GMAC CF) announced the closing of a US$5m working capital facility provided…
Bayside Business Solutions announced the expansion and relocation of its Operations Center (more…)