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Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle, it is easy to see why Boeing Capital, its finance arm, located nearby in an anonymous blue-mirrored building, tends to...
#banks#commercial finance#financial services
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
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…