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CIT names group-wide EVP, Chief Sales Officer

CIT announced the appointment of Walter J. Owens as executive vice president, chief sales and marketing officer. In this newly created position, Owens will assume responsibility for overseeing CIT's sales organisation across all of the company's business units, effective immediately....

#assignment#CIT#commercial finance

Florida asset-based financier approves US$10m cash flow funding for...

XRG Inc., a provider of a wide range of truckload freight services in the US, has announced that it had…

#bank#cash-flow#funding


Asset-based lending group at KeyBank announces a new Vice...

Jan Allen Ackley of Mason has been named vice president in the asset-based lending group at KeyBank in Cincinnati. Ackley…


Leadership change in the asset-based lending arm in Bank...

Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…

#bank#commercial finance#conference


Bibby Financial opens St. Louis office

Bibby Financial Services expanded to St. Louis, setting up its fourth US office. The company, a subsidiary of England's Bibby…


Hal Marshall-Led Group launches factoring company for truckers

An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill…

#Bill#financial services#innovation


De Lage Landen Financial Services appoints Jeff Enoch VP-...

De Lage Landen Financial Services, a leading international provider of high quality asset-based finance products to manufacturers and distributors of…


US Bank introduces “fees paid” SBA loan programme

US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…

#bank#financial services#small business


North Little Rock factoring company’s law suit accuses Tennessee...

A North Little Rock based factoring company filed a civil suit in US District Court for the Eastern District of…


GE Commercial Finance Corporate Lending adds originator to Texas...

GE Commercial Finance Corporate Lending announced that it has named Paul W. Patrick as senior vice president of origination for…

#bank#commercial finance#international


GE Commercial Finance provides US$30m senior secured credit facility...

GE Commercial Finance Corporate Lending announced it has provided a US$30m senior secured credit facility to western wear manufacturer and…


GE Commercial Finance Corporate Lending establishes Pittsburgh office

GE Commercial Finance Corporate Lending announced that it has established a Pittsburgh office to be led by Peter K. Lee,…

Marquette Business Credit acquires loan facilities from Capital Factors

Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…

#asset-based lender#bank#commercial finance

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