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In the first three quarters of fiscal year 2004, ending 30 June 2004, the Export-Import Bank of the United States (Ex-Im Bank) authorised $600 million in medium-term insurance and loan guarantees to assist in financing a wide range of US...
#bank#exporters#exports
The Export-Import Bank of the United States (Ex-Im Bank) has introduced a new type of insurance policy that covers financing…
According to sources familiar with the situation, Compass Bank is getting out of export lending. The bank's structured trade finance…
#bank#interest rates#international
GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…
#capital requirements#commercial finance#management
CIT Group Inc. reported net income of $176.6 million for the second quarter, an increase from $136.9 million. Diluted earnings…
The former president of a computing company pleaded guilty yesterday to his role in a US$170 million scheme to defraud…
#bank#factoring fraud#MAN
Sterling Bancorp, the US finance house and parent company of Sterling National Bank, has reported a 14.7 per cent increase…
Atradius has announced the expansion of its worldwide collection activities through the acquisition in the US of Chicago-based International Collections…
Bridge Bank, a market leader among independent banks in sales of the US Small Business Administration (SBA) loans in Northern…
#bank#cash management#management
GE Commercial Distribution Finance (GECDF), the supplier finance unit of GE Capital, has agreed to expand the distribution finance facility…
The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…
#capital requirements#management#receivables
Hairmax International, a beauty products group, is seeking to partner or invest with a company that provides financial services to…
Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…
#compliance#insurance#Paid