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Seven pitfalls in Basel II operational risk implementation –...

BearingPoint, Inc, one of the world’s largest business consulting and systems integration firms, has issued a white paper, “Seven Pitfalls In Basel II Operational Risk Implementation,” which details the hazards companies need to avoid in complying with the still-evolving requirements...

#financial services#management#regulation

EquiFin Receives Return of Factoring Company

Equifin have received the return of the stock of Equinox Factors, Inc from Coast Capital Partners as provided under the…


GMAC Commercial Finance announces a US$60 million agented credit...

The Retail Finance Group of GMAC Commercial Finance (GMAC CF) announces the arrangement and closing of a US$60 million agented…


Survey notes small businesses are like large corporations when...

Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the…


GM looks to protect GMAC’s credit rating

General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…

#funding#risk#Two


BB&T Factors sets Atlanta team

Five veteran lenders have joined BB&T Factors to open a new office to offer domestic and international factoring services.  The…


Small businesses face tougher bankruptcy rules

The new federal bankruptcy law not only makes it harder for individuals to avoid repaying their debts, it also imposes…

#bankruptcy#guarantee#small business


Tri-S Security Corporation announces US$6.5m line of credit with...

Tri-S Security Corporation, a provider of contract guard services to various Federal government agencies pursuant to long-term contracts had entered…

#funding#interest rate#LSQ


CIT reports solid start to 2005

CIT Group Inc the commercial and consumer finance group reported net income of US$210.4m for the first quarter 2005, an…

#CIT#commercial finance#leadership


Carmen Bernardis named Managing Director Bank of America Business...

Bank of America Business Capital announced that Carmen Bernardis has been named managing director of Bank of America Business Capital…


Financial group extends asset-based financing to healthcare providers

Textron Financial Corporation announced that it has begun offering asset-based financing to US healthcare providers. Textron Financial's healthcare financing leverages…

#commercial finance#receivables


CIT acquires assets of Receivables Capital Management, a division...

CIT Group Inc., a leading provider of commercial and consumer finance solutions and SunTrust Banks, Inc. announced that CIT has…

#bank#CIT#commercial finance

CapitalSource provides US$95m asset-based loan to SETECH

CapitalSource announced that it has provided a US$95m revolving credit facility to SETECH, an integrated supply and inventory management services…

#management#working capital

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