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GE Commercial Finance - Corporate Lending today announced it has provided a US$200m asset-based credit facility to the largest mall-based toy retailer in the US (more…)
#commercial finance#liquidity#working capital
Company officials with Trinsic said they had no choice but to file for bankruptcy after Thermo Credit LLC pulled its…
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…