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USA

Congress bolsters Ex-Im Bank small business efforts

The US Congress has approved changes to the US export credit agency to make it more focused on small businesses (more…)

#bank#exporters#exports

New factoring provider stakes claim

A US-based financial consultant has launched a receivables finance service. Noble Associates Consulting, a provider of SAP and Oracle E-Business…


Big Lots reveals supplier finance deal

US retailer Big Lots is to deploy a new supply chain finance platform for its suppliers. Prime Revenue, the provider…

#bank#cash-flow#SCF platform


Bibby Financial Services announces CEO for Southeast Business Unit

Bibby Financial Services announced the promotion to chief executive officer of (more…)


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…

#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…

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