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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 Group. "Our new facility provides cost-efficient working capital that is both appropriate and sufficient to fund our current business model....

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


Commercial Financing and Management Firm teams up with US...

Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…

#bank#international#management


MicroFinancial secures US$30m line of credit from CIT

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


Jewellery executives plead guilty to factored fraud charges

Three jewellery industry executives pleaded guilty yesterday to charges that they were part of a $20 million rip-off of a…


Factoring fraudster faces 35 years in jail

The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to…


Bridge Bank awarded SBA Preferred Lender status in California

Bridge Bank, National Association, Santa Clara County's newest business bank, today announced that the Bank has achieved California Statewide Preferred…


Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…

#banks#economy#interest


US Commerce Dept to help exporters access Chinese markets

The US Commerce Department yesterday unveiled new tools in Beijing to help US companies expand exports to China's growing market,…


Ex-Im Bank helps finance US exports to Peru

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$15.9 million credit guarantee facility to support the…

#bank#emerging markets#exports


Equifax announces $125 million trade receivables financing facility

Equifax Inc. has announced the closing of a trade receivables-backed revolving credit facility. Under the terms of the transaction a…

#bank#LIBOR#receivables financing


ES Bankest files malpractice suit against law firm over...

ES Bankest LC has filed a malpractice suit against the Florida law firm Gunster, Yoakley & Stewart P.A. and one…

The US EX-IM Bank and Japanese counterpart sign co-financing...

The Export-Import Bank of the United States (Ex-Im Bank) and its Japanese counterpart, Nippon, Export and Investment Insurance (NEXI), today…

#Atradius#bank#international

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