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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 it did in the previous year, thanks in part to a strengthening economy, the SBA district director said yesterday. The...

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…


Chicago factor in agreed US$10.8 million settlement from fraud...

Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…

#international#leasing#receivables


Wells Fargo reports Q3 double-digit net income growth

Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in…

#interest#leasing#small business


Bridge Capital Holdings appoints new director

Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…

#bank#cash management#management


Local Arlington bank and factor names two new directors

Southwest Securities Bank, a member of SWS Group, Inc., has named two new directors: Gerald B. Alley and Donald W.…

#bank#banking services#i


Small-business loans in Arizona hit record

An improved outlook on business, historically low interest rates and increased marketing helped push federally backed small-business loans to another…


Tarrant Apparel Group finalises US$45m factoring facility

"Closing our new factoring agreement marks an important step for Tarrant," said Barry Aved, president and CEO of Tarrant Apparel…

Experian launches enhanced Commercial Intelliscore and Small Business Intelliscore...

Predictive models evaluate business-to-business credit risk with greater speed, accuracy, and consistency. Experian®, a global information solutions company, today announced…

#credit risk#management#risk

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