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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, Inc., the factoring (more…)

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


Factoring deal for US footwear firm

US footwear maker Skins Inc has partnered with First Capital, a factoring and asset-based lending provider, to manage its (more…)

#factoring industry#Two


DIP factoring facility staves off Chapter 11

Platinum Funding Group announced it has completed a two-year Debtor-In-Possession (DIP) factoring facility for over (more…)

#bank#bankruptcy#funding


US factor names new business chief

Greystone Commerical Services has announced that Randy Haney has joined the company as a business development officer (more…)

#management#working capital


Using factoring to fund business development

Factoring has been a well-accepted way to raise working capital for hundreds of years, but Virginia-based Celera Financial has developed…

#outstanding invoices#Two#working capital

Healthcare factor changes its stripes

CSI Business Finance, a specialist leasing and factoring provider to the US healthcare industry, has changed its company name (more…)

#business finance#leasing#order financing

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