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US software firm PFSweb has renewed a series of senior debt agreements, which include a factoring facility, with Fortis Commercial Finance. The provider of integrated business process outsourcing solutions, reporting first quarter revenues of US$75.5m and a net loss of...
#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
Manchester Commercial Finance, an Edina-based financial services provider that specialises in asset-based lending to small- and medium-sized companies (SMEs), has…
FactorHelp announced that a 20-year veteran in the factoring and small asset-based lending (ABL) industries, Thomas G. Siska, has joined…
#commercial finance#funding#Vice president
The Export-Import Bank of the United States (Ex-Im Bank) has announced its top lenders for fiscal year 2003, ranked by…