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GE is close to buying the commercial finance portfolio of Boeing Capital Corporation for about $2bn. The disposal of the portfolio, which was put up for sale in January, could be completed in the next few days, said people familiar...
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
US software firm PFSweb has renewed a series of senior debt agreements, which include a factoring facility, with Fortis Commercial…
#commercial finance#factoring contract#financial services
Capital Factors, Inc., one of America’s leading factoring companies, announced the appointment of veteran factoring executive Harold I. Dundish as…
IIG Capital LLC, the New York-based trade finance company, has provided a US$3 million credit facility to Genio Group, Inc,…
As a result of the merger of Bank of America Corp. (BAC) and FleetBoston, the companies have combined the asset-based…
The US Federal Reserve yesterday signalled a shift in its stance on monetary policy, leaving interest rates unchanged while saying…
#bank#Bank of England#inflation
Federal prosecutors say that a woman was arrested on Friday on a 15-count indictment alleging she sold fake invoices to…
#factoring fraud#fake invoices
US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…
#bank#conference#exporters
The Export-Import Bank of the United States (Ex-Im Bank) is pleased to announce that the first transaction has been approved…
Two seasoned financial and banking services executives have been named to head business development at the Export-Import Bank of the…
CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…
#CIT#commercial finance#i