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Bridge Bank, a market leader among independent banks in sales of the US Small Business Administration (SBA) loans in Northern California, has announced financial results for Q2 and the half-year ended 30 June 2004. The Bank reported net income of...
#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
Three pastors and a church employee have joined a growing list of inland investors looking to the courts to recoup…
Approximately 110 public companies will file for bankruptcy in 2004, substantially fewer than in any of the past six years,…
#bonds#interest rates#international
The risk of bad debt is an inevitable fact of business life; however, the impact of a major irrecoverable loss,…
#Atradius#insolvency#invoice
A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim…
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