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Supply finance group reveals new CIO

Prime Revenue, the supply chain finance provider, has appointed William H. MacPhail to the position of chief information officer (CIO) (more…)

Platinum announces factoring hat trick

Platinum Funding Group announced today that in the past seven days it entered into three factoring agreements to provide working…

#confirming#management#Vice president


Ex-Im Bank approves US$300 million to support US exports...

Following recent positive developments in the Nigerian banking sector, the Export-Import Bank of the United States (Ex-Im Bank) has approved…

#bank#exporters#guarantees


ACR raises working capital

ACR Group, the US-based heating and refrigeration supplier, has secured working capital from (more…)


Wachovia leads in small business lending

Wachovia Corporation announced that it became the No. 1 small business lender within its markets by dollar volume, based on…


GMAC renews syndicated bank facilities

General Motors Acceptance Corp. (GMAC), the financial arm of automaker General Motors Corp., has renewed two syndicated bank facilities totalling…


Wells Fargo factoring division names new BDO

Wells Fargo Company has named a new vice president of business development for Wells Fargo Business Credit's Factoring division, responsible…

#commercial finance#factoring industry#funding


LSQ receivables finance package sets company on road to...

LSQ Funding recently provided a US$500,000 accounts receivable line of credit to a 30-year-old packaging company (more…)

#bankruptcy#cash-flow#funding


Drop in bankruptcy filings sends ARM industry indicator to...

The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, surpassed its…

#bankruptcy#management#receivables


GMAC CF provides US$10m credit facility to Interbath

The asset based lending division of GMAC Commercial Finance (GMAC CF) announced the funding of a US$10 million senior secured…

#commercial finance#funding#working capital


Illinois Global Partnership becomes Ex-Im Bank City-State Partner

Illinois small businesses will have an edge in selling their products and services in global markets due to a new…

#bank#guarantees#international


Cal Oaks adds factoring and SBA lending to portfolio

California Oaks State Bank has added Small Business Administration (SBA) lending and accounts receivable financing as two additional features (more…)

ISM: US manufacturing sector slows in May

Economic activity in the manufacturing sector grew in May for the 36th consecutive month, while the overall economy (more…)

#economy#management#WHO

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