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USA

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 States (Ex-Im Bank), the nation's official export credit agency (more…)

#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


Hennessey Capital Southeast closes gap when traditional lending is...

"What we'll begin to see is banks starting to tighten credit standards in response to indications of market weakness, leaving…

#alternative financing#bank#guarantees


Working capital funder, UCF, says third quarter a record

United Capital Funding Corporation (UCF), the US working capital provider, says the level of funding volumes and client relationships for…

#business finance#international#Mark Mandula


American Capital commits USD50m to First Capital

First Capital was founded in 1988 and focuses primarily on providing traditional factoring and asset-based lending services. The company also…

More small businesses turning to alternative financing

A new report published by the Federal Reserve finds that increasing numbers of small businesses turned to non-bank financial institutions…

#alternative financing#bank#financial services

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