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Wachovia Corporation announced that it became the No. 1 small business lender within its markets by dollar volume, based on data from (more…)
General Motors Acceptance Corp. (GMAC), the financial arm of automaker General Motors Corp., has renewed two syndicated bank facilities totalling…
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 Funding recently provided a US$500,000 accounts receivable line of credit to a 30-year-old packaging company (more…)
#bankruptcy#cash-flow#funding
The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, surpassed its…
#bankruptcy#management#receivables
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 small businesses will have an edge in selling their products and services in global markets due to a new…
#bank#guarantees#international
California Oaks State Bank has added Small Business Administration (SBA) lending and accounts receivable financing as two additional features (more…)
Economic activity in the manufacturing sector grew in May for the 36th consecutive month, while the overall economy (more…)
#economy#management#WHO
US companies competing in the global marketplace now have a new way to obtain multi-buyer export credit insurance from the…
#bank#export credit insurance#exporters
Fleet One LLC has hired a new president of Fleet One Factoring, a provider of custom accounts receivable financing programmes.…
#banks#SunTrust#Vice president
CIT Group has stepped up its middle market offering with four key hires (more…)
Charged with expanding the company's market presence and spearheading growth in the Northeast (more…)
#Vice president