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New appointments at Siemens Financial Services asset-based lending unit

Siemens Financial Services announced that Jeff Appleton and Jay Beckman have joined the asset-based lending division as vice president and senior business development officer, respectively. The move follows the recent expansion of the firm's asset-based lending offerings to include increased...

#bank#commercial finance#financial services

US$21bn allotted for 2005 loans to small firms

Expecting another year of record lending, the US Small Business Administration was authorized to make US$21bn in loans in fiscal…


Bush makes US$21bn available to SMEs

Press office of the US Small Business Administration (SBA) announced that president George W Bush had signed a legislation, thereby…


US Bank Business Credit enters US$25m accounts receivables facility

US Bank Business Credit is the agent of a US$25m senior secured credit facility to ACN, a reseller of telecommunication…

#bank#cash management#management


Newtek signs letter of intent for 3 year loan...

Newtek Business Services, Inc. a provider of business services and financial products to the small- and medium-sized business market, today…


Capstone Business Credit US$7.8m in factoring deal with Florida...

Capstone Business Credit has announced the signing of a one-year project financing agreement with Complete Flooring Supply Corporation, based in…


Exim Bank offers big loan for irrigation projects

Exim Bank of the United States (Exim Bank) has offered Rs. 4,000-Rs. 5,000 crores as loan assistance to the State…

#bank#Exim Bank#financial institutions


Wells Fargo factoring division adds to Texas business development...

Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…

#Business Development Manager#financial institution#management


Equifax announces intention to discontinue asset-based lending, factoring operations...

EquiFin reported third quarter and nine month results for the period ended 30 September, 2004. As a result of the…

#Equifax#management


Equipment leasing event to showcase national industry associations

Equipment leasing has grown into a global industry producing nearly US$500bn in annual financings. Capital equipment markets, including healthcare, IT,…

#financial services#forum#funding


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…

#bank#exporters#risk


GE Commercial Finance Corporate Lending provides US$173.5m in financing...

GE Commercial Finance Corporate Lending announced it has provided US$173.5m in financing to United States Steel Corporation. The financing commitment…

#capital requirements#commercial finance#Vice president

CIT names Brian J. Dunlap executive vice president of...

CIT Specialty Finance, an operating group of CIT Group Inc. and a leading direct and indirect provider of global financing…

#CIT#leadership#leasing

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