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Ex-Im Bank extends long-term finance for exports to Pemex

The Export-Import Bank has approved three long-term loan guarantees totaling US$1 bn to.... (more…)

#bank#exports#guarantee

Sterling National bank opens regional office In New Jersey

 Sterling National Bank, the principal banking subsidiary of financial holding company Sterling Bancorp, today announced the opening of its New…


Siemens Financial Services, Inc. announces new CEO and top...

Siemens Financial Services, Inc. (SFS), the US commercial finance and leasing arm of Siemens AG, today announced the appointment of…

#bank#commercial finance#international


CIT provides US$125m factoring and revolving credit line as...

CIT will provide a committed factoring line of up to (more…)

#bankruptcy#CIT#working capital


Texas factor signs up Gulf Coast manufacturer

Accounts Receivable Funding Corporation has entered into a factoring agreement with  (more…)

#funding#liquidity


Trade-credit insurance expected to soar

Trade-credit insurance has been used in the US since the last of the tall-masted ships were hauling cargo between Europe…

#Atradius#international#management


Business Alliance Capital provides US$4m accounts receivable and inventory...

Business Alliance Capital Company, an asset-based lender and factor headquartered in (more…)


Maryland asset-based financier to take on REIT status

Commercial finance company and CFA member CapitalSource Inc. will elect REIT status with the aim of (more…)

#cash-flow#commercial finance#corporate finance


Wells Fargo Business Credit provides working capital financing for...

With acquisition and working capital financing provided by Wells Fargo Business Credit (more…)


Fed raises interest rates

The Federal Reserve's decision to keep raising interest rates in the face of a devastating hurricane means (more…)

#bank#banks#Clear


Chase Business Credit adds three to ABL origination team

Chase Business Credit recently announced three additions to its asset-based loan origination team (more…)

#bank#Bank of America#financial services


$25 Million Commitment from United Capital Funding Corp. for...

United Capital Funding Corp., a St. Petersburg, Florida Commercial Accounts Receivable funding firm announced today that it has pledged a…

#bank#conference#management

Discovery Bancorp completes acquisition of asset-based lender

San Marcos-based Discovery Bancorp, a full-service business bank serving the needs of small- to medium-sized businesses (more…)

#asset-based lender#bank#commercial finance

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