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A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim S. Johnson. The new venture, Marquette Business Credit, Inc. (MBCI), is a de novo company of Marquette Financial Companies, a...
An executive of National Century Financial Enterprises Inc. will spend four years in jail for her role in the alleged…
A million-dollar executive has been indicted with five others by federal grand jurors in connection with businesses that collapsed amid…
Another top former FleetBoston Financial executive has left Bank of America Corp. to be replaced by a long-time BofA staffer,…
#bank#Bank of America#banks
GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…
#banks#commercial finance#financial services
Banco Espirito Santo International Ltd (BES) sued accounting firm BDO Seidman on Tuesday, alleging it "rubber-stamped ... obviously false financial…
#bank#factoring fraud#international
EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…
#acquisition#business finance#interest
Many of the nation’s small-business owners apparently aren’t letting interest rate concerns and geopolitical uncertainty get them down. Their optimism…
Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…
Four men pleaded guilty to defrauding a Portuguese bank branch of US$170m through a sophisticated conspiracy that lasted nearly a…
#bank#Bill#Paid
GE is close to buying the commercial finance portfolio of Boeing Capital Corporation for about $2bn. The disposal of the…
Merrill Lynch, the largest US securities firm in terms of number of stockbrokers, is hiring salespeople to make loans to…
#commercial finance#conference#economy
US small businesses grew more optimistic last month as the future of the economy appeared brighter and earnings improved amid…
#economy#small business#small businesses