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Trinsic, Inc., a leading provider of enhanced circuit-switched and IP (Internet protocol) telephony services has entered into an accounts receivable financing facility with Thermo Credit LLC ("Thermo"). The facility will provide for Trinsic to sell eligible accounts receivable to Thermo...
Tideline Capital, a company that provides outsourced vendor financing services for the software industry has secured US$105m and closed the…
#bank#capital requirements#receivables
Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…
#bank#commercial finance#international
R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a…
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GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp.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