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Bridge Bank expands Capital Finance Group

Daniel P. Myers, president and chief executive officer of Bridge Bank, National Association, has announced that Scott Chamberlin, a 12-year veteran in the financial services industry, has been appointed to manage the sales and marketing of the bank's Capital Finance...

#bank#Bank of America#financial services

Insurance Company Enters US Credit Insurance Market

Building on 10 years of steady growth in North America, Coface Holding Company, N.A., a unit of Coface Group, today…


MarineMax expands asset-based credit facility

MarineMax, Inc., the nation's largest recreational boat retailer, has announced the expansion and extension of a $280 million credit facility.…

#bank#Bank of America#commercial finance


The Singing Machine Company in new credit agreement with...

The Singing Machine Company has announced that it has entered into a new credit agreement with Milberg Factors, Inc., New…


First Community Bancorp announces agreement to acquire Phoenix-based commercial...

First Community Bancorp today announced the signing of a definitive agreement to acquire, for US$40 million in cash, all of…


SME business loan demand rise, a sign of growing...

A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…

#banks#receivables#small business


Factoring in the US, EIU report

Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…


Ex-Im Bank’s 2005 budget

President Bush's fiscal year 2005 budget request for the Export-Import Bank of the United States (Ex-Im Bank), which the Administration…


Fed hold rates steady, drops ‘Considerable Period’ outlook

Federal Reserve policy makers unexpectedly dropped a commitment to hold interest rates low “for a considerable period” while voting to…


Ex-Im Bank supports US aircraft export to Thai Airways

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$244 million long-term guarantee to support the export…


Merged asset-based lending businesses name new leader

President and chief executive officer of Fleet Capital Corporation, James G. Connolly, has been tapped to lead the combined asset-based…


Key Capital Factoring Inc. changes its name

Last year, Key Bank and Trust changed its name to K Bank, after a lengthy lawsuit over the Key name…

#bank#Trust

CIT reports 9.8% increase in Q4 earnings

CIT Group posted a higher fourth-quarter profit, citing growth in its financing and leasing portfolio and a smaller proportion of…

#CIT#leasing

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