Register today to access recent news and articles.

USA

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 US$4.4bn in cash. The business provides financing, leasing, and asset-based lending. It has about 600 employees, two-thirds of whom are...

#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…


SBA loans up in New Jersey from 2003

The US Small Business Administration (SBA) approved 18 per cent more loans in New Jersey in fiscal year 2004 than…


Texas-based insurance and finance group announces launch of equipment...

American International Group, Inc. (AIG) today announced the formation and launch of AIG Commercial Equipment Finance, Inc. (AIG CEF), a…

#AIG#financial services#international


CIT ranked top SBA volume lender in 2004

CIT Small Business was awarded Top Volume Lender status by the U.S. Small Business Administration (SBA) among lenders of SBA…

#CIT#economy#leadership


First M&F Corp. of Mississippi reports third quarter 2004...

First M&F Corp. has reported that net income for the quarter ended September 30, 2004 was US$2.781 million, or US$.62…


New export finance programme unveiled

A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…

#bank#exporters#guarantees

US$1.5 million factoring facility boosts Texas IT services company’s...

Systems Evolution Inc.(SEVI), an information technology services company, announced today that it has closed a $1.5 million factoring facility with…

Our Sponsors
Our Events
View All
To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.