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CIT Group reported net income was US$236m for the second quarter 2006, compared to US$249.1m last year (US$219.4m excluding gains on derivative contracts) (more…)
A slowing economy may increase the number of small-business failures next year, announced global insurer Euler Hermes (more…)
PowerLight Corporation is the first US exporter to benefit from the new 15-year repayment terms available from Ex-Im Bank to…
Orbian, the US-based supply chain finance group, has processed over $13bn in transactions (more…)
CIT Group is expected to report earnings of $1.16 a share, up from $1.03 reported in the year-ago period, according…
#CIT#international#leasing
Hennessey Capital (HC), a US-based working capital provider, has provided a confidential funding package to an IT consultant (more…)
US factor Platinum Funding Group has received funding from JP Morgan and N M Rothschild Sons for an undisclosed amount…
Primary Funding Corporation, the receivables finance house, is providing a new factoring facility to a national IT service provider (more…)
The distribution finance group of Textron Financial Corporation has acquired Electrolux's inventory finance business (more…)
PetSmart Inc, the supplier of pet-related products in the US and Canada, has entered into a $65m letter of credit…
As widely expected, the Federal Reserve raised a key interest rate for the 17th consecutive time, hiking its target for…
#economy#inflation#interest rate
Bibby is in the advanced stages of developing a service tailored to transport factoring (more…)
#commercial finance#purchase order#purchase order finance
The asset-based facility relies on the studio's accounts receivable, library of film titles and future ultimates of the company's upcoming…