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R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a unit of CIT Group Inc. The two-year facility replaces a discretionary factoring and financing arrangement with CIT that was scheduled...
The Board of Directors of GE has approved the appointment of Tom M. Quindlen, as vice president and chief marketing…
#commercial finance#leasing#Vice president
One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…
#commercial lending#international#leasing
Marquette Financial Cos. announced that it has partnered with three Chicago lenders to form a leveraged lending firm that will…
GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp. and its…
I/OMagic Corporation, a provider of data storage and digital entertainment products, announced that it has obtained a US$10 million credit…
#bank#commercial finance#digital
Roger Bosma, president and chief executive officer of Lakeland Bank is pleased to announce that the bank has established within…
#bank#commercial finance#management
Wachovia announced the formal joining together of Congress Financial Corporation and Wachovia's asset based lending business to form Wachovia Capital…
#Bill#i#leadership
Lending by the most important institutional supplier of credit to small firms, commercial banks, increased in 2002-2003, according to a…
#bank#banks#small business
EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will…
#interest#management#Two
CIT announced the appointment of Walter J. Owens as executive vice president, chief sales and marketing officer. In this newly…
#assignment#CIT#commercial finance
XRG Inc., a provider of a wide range of truckload freight services in the US, has announced that it had…
#bank#cash-flow#funding
Jan Allen Ackley of Mason has been named vice president in the asset-based lending group at KeyBank in Cincinnati. Ackley…