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Factor quenches cashflow thirst for Royal Spring

Royal Spring Water, a bottler and distributor of water in the US, has announced it has secured an accounts receivable financing facility with (more…)

#business finance#cash-flow#management

Wells Fargo buys Dallas factoring firm

Wells Fargo Co. said Thursday that it was purchasing a Dallas-based factoring company serving small- and mid-sized businesses (more…)

#acquisition#bank#factoring industry


GE Commercial Finance starts up trade receivables securitisation unit

GE Commercial Finance is starting up a new effort to securitise trade account receivables. While the company has provided trade…


Factoring fraud case to grand jury

If convicted, he could face up to 20 years in prison. The fraud charges stem from US$270,000 advanced as part…

#factoring fraud#MAN#management


Wells Fargo sees Bay Area small business lending soar

Wells Fargo said the dollar volume of its small business lending in the Bay Area jumped almost 33% to (more…)


DLJ Merchant Banking Partners acquires Peach Holdings, Inc

DLJ Merchant Banking Partners (DLJMB) today announced that its affiliate Orchard Acquisition Company has completed its acquisition of Peach Holdings,…


Former ABL executives launch Diamond Business Credit

Diamond Business Credit announced it is ready to serve the marketplace with direct asset-based loans specifically designed for borrowers that…

#bank#management#receivables


Wells Fargo generates 1 in 5 small business lending...

Small business loan growth remains strong according to the latest, most comprehensive government data. In 2005, Wells Fargo increased its…


Small firms win relief on Sarbanes-Oxley

The US Securities and Exchange Commission (SEC) and the board that regulates accountants will revise the Sarbanes-Oxley corporate governance law…


The Ex-Im Bank designates City National Bank as a...

City National Bank was recently designated as a High Plus Delegated Authority lender by The Export-Import Bank of the United…

#bank#exporters#international


Bibby celebrates 200th anniversary, offers zero transfer fees

In 2007, the Bibby Line Group is celebrating its 200th anniversary. In recognition of this milestone, Bibby Transportation Finance announced…


Commercial Finance Group names Business Development Officer

Commercial Finance Group, provider of working capital financing for small- to medium-sized companies (SMEs), has announced the appointment of  its new business…

Truck firms speed up cash flow

The finance services arm of Textron Financial, the US funding group, has released Receivables Process Management, designed to help trucking…

#cash-flow#liquidity#management

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