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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 purchase programme to middle-market businesses throughout the southern half of Texas. In November, Wells Fargo Business Credit-Factoring passed the US$1bn...

#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


Citigroup sells asset-based lending unit to GE for US$4.4bn

Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about…

#leasing#Two


Sterling National Bank announces Manhattan banking and International trade...

Sterling National Bank, the principal banking subsidiary of financial holding company Sterling Bancorp, today announced a plan to open a…


Integrated Security Systems, Inc. announces US$3 million asset- based...

Integrated Security Systems, Inc. (ISSI), has announced an agreement with Briar Capital, L.P. to provide an asset based lending facility…


Siemens Financial Services aggressively expands commercial finance and asset-based...

Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its…

#business finance#commercial finance#financial services


SBA Small Business loans decline in October

Small Business Administration loans fell significantly in October after loan fees went up to start the month, but opinions differ…

#i#interest rate#risk


Aegon sells TFC maritime container ops to TAL for...

Aegon NV said it sold Transamerica Finance Corp's (TFC) maritime container leasing activities to TAL International Group Inc for US$1.2bn.…

#international#leasing

Small business loans booming in Tennesee

Powered both by local growth and regional expansion, the area's top community banks ramped up their small business lending by…

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