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GE reorganises names new vice chairman, Commercial Services

General Electric Company chairman and CEO Jeff Immelt announced a new organisation aimed at accelerating growth and profitability (more…)

#commercial finance#financial services#management

CIT appoints new head of MBO and MBI financing

CIT Group announced the appointment a senior managing director and head of global sponsor finance,  responsible for developing and managing…


Ex-Im Bank helps small business exporter double sales to...

Backed by an insurance policy from the Export-Import Bank of the United States (Ex-Im Bank (more…)


Presidential Financial announces new hires

Presidential Financial, the independent accounts receivable asset-based lender, has announced the names of two new executives (more…)


Bridge Capital Finance Group appoints new senior vice president

Bridge Capital Holdings, whose subsidiary is Bridge Bank, National Association, one of the fastest-growing full-service business banks in the US…

#bank#invoice#purchase order


Facteon, Inc. creates weblog on factoring for small business...

Facteon Inc., an invoice factoring company based in Atlanta, Georgia, has created a weblog (blog) on accounts receivables factoring (more…)


Rockland Credit Finance acquires bankrupt factor’s portfolio

Owings Mills-based Rockland Credit Finance, an asset-based lender and factoring company, has acquired a portfolio worth more than (more…)


Bridge provides 5 year US$25 million secured debt financing

The lenders have agreed to provide a US$25 million five-year term loan facility to (more…)


CIT Small Business Outlook reaffirms small business sector resilience

Nearly 70 per cent of small businesses have performed well over the past 12 months, in comparison with the US…

#CIT#economy#small business


Sterling Bancorp announces increased authority to repurchase ordinary shares

Sterling provides a wide range of products and services, including asset-based financing, factoring (more…)


Bank of America Business Capital provides US$70 million asset-based...

Bank of America Business Capital announced that it provided a US$70 million senior secured credit facility to (more…)

#bank#Bank of America#cash management


Linklaters appoints leading US banking partner to New York...

Law firm Linklaters has announced the appointment of a recognised market leader in the field of to (more…)

Executives resign in wake of factoring discrepancies

The company previously disclosed that its audit committee began an internal investigation in response to an SEC inquiry regarding the…

#JP Morgan#SEC#Vice president

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