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Supply finance provider reveals new marketing chief

Supply chain finance specialist Prime Revenue has revealed Quadrem's (more…)

First Guardian targets factors as part of “aggressive” growth...

First Guardian Financial Corporation, a small business finance specialist in the US, says it intends to grow aggressively through acquisitions…


Textron Financial names two executives to business credit division

Textron Financial announced that two new executives have joined the company's business credit unit (more…)


Fed hikes interest rates; further increases possible

The Federal Reserve raised its key interest rate a quarter point to  the highest level in five years. The funds…

#bank#banks#inflation


GMAC Commercial Finance offers US$2m factoring deal to manufacturer

The Commercial Services Division of GMAC Commercial Finance announced the closing of a US$2m one-year factoring facility to California-based apparel…

#commercial finance#leasing#poland


Citizens Bank forms asset-based lending group

Citizens Bank has announced that it has formed Citizens Bank Business Finance, an asset-based lending unit. The unit operates from…


Small business “disproportionately” affected by the cost of Sarbanes-Oxley...

Smaller businesses in the US are being disproportionately affected by the cost of compliance with the 2002 Sarbanes-Oxley Act, a…

#compliance#investment#SEC


Peachtree Settlement Funding moves to new corporate office

Peachtree Settlement Funding, a leader in the specialty factoring industry, has relocated its Boca Raton, Florida offices. Management believes the…

#factoring industry#funding#management


CIT ratings affirmed; outlook revised to positive

Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit…

#bank#CIT#interest rates


Credit Index shows economic expansion – NACM Credit Manager's...

The US economy continues to show “surprising resilience” as manufacturing and service sectors indicate further economic expansion, according to economic…

#Commercial Credit#interest rates#management


Ex-Im Bank partners with Hawaii to help state's small...

Small business exporters located in Hawaii will be better equipped to expand their international sales and minimize financial risks thanks…

#bank#exporters#guarantees


GMAC CFO sees time lag for cheaper funding boost

It will take time for cheaper funding, driven by better credit ratings, to boost the profits of General Motors Acceptance…

#conference#funding#interest rates

Bibby appoints Vice President of Business Development

Bibby Financial Services has announced the appointment of a new vice president of business development at its Midwest location (more…)

#financial services#funding#Vice president

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