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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 offices located at (more…)

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


Urban Classics uses GE's Trade Flow Finance service

GE Capital Solutions, Commercial Distribution Finance (CDF) developed Trade Flow Finance in response to furniture industry demand for financial tools…

#interest#trade#Vice president


Platinum Funding Group develops strong synergy between factoring and...

Platinum Funding Group announced today that the company is extending its business focus by aggressively developing its relationship with the…

#Bridge#Clear#funding


CIT Q1 2006 results show proportion of international factoring...

CIT s Commercial Finance division´s Trade Finance segment reported the following results: Net income increased from the prior year by…


Capital Factors hires Executive Vice President

Charged with expanding the company's market presence and spearheading growth in the Northeast region, his responsibilities include sales, marketing, and…

#i#Vice president

Wells Fargo completes factoring company acquisition

Wells Fargo Company and Commerce Funding Corporation (CFC) announced today they have completed Wells Fargo Bank, N.A.'s acquisition of a…

#bank#commercial finance#financial services

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