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A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and partners worldwide with pre-export capital, and trade finance consulting services. Dubbed TradePort Export Finance Online (TEFO) the programme is a...
#bank#exporters#guarantees
Systems Evolution Inc.(SEVI), an information technology services company, announced today that it has closed a $1.5 million factoring facility with…
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 & 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, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…
#bank#cash management#management
Southwest Securities Bank, a member of SWS Group, Inc., has named two new directors: Gerald B. Alley and Donald W.…
#bank#banking services#i
An improved outlook on business, historically low interest rates and increased marketing helped push federally backed small-business loans to another…
"Closing our new factoring agreement marks an important step for Tarrant," said Barry Aved, president and CEO of Tarrant Apparel…
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
Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…
#bank#international#management
MicroFinancial Incorporated (NYSE:MFI) announced today that it has arranged for a three year, US$30mn senior secured revolving line of credit…
#bank#CIT#CIT Commercial Services
Three jewellery industry executives pleaded guilty yesterday to charges that they were part of a $20 million rip-off of a…
The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to…