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The president of MX Factors, the Riverside-based firm accused of operating a Ponzi scheme, is seeking to overturn the court order freezing his assets and appointing a receiver, according to court documents. Richard Harkless is asking a federal judge to...
The Export-Import Bank of the United States (Ex-Im Bank) approved a US$60 million credit guarantee facility to back the purchase…
First Community Bancorp today announced that it completed its previously announced acquisition of First Community Financial Corp., or FC Financial,…
Greenfield Commercial Credit (Canada) Inc. is pleased to announce that after only 7 months of full operations as a specialty…
Daniel P. Myers, president and chief executive officer of Bridge Bank, National Association, has announced that Scott Chamberlin, a 12-year…
#bank#Bank of America#financial services
Building on 10 years of steady growth in North America, Coface Holding Company, N.A., a unit of Coface Group, today…
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 has announced that it has entered into a new credit agreement with Milberg Factors, Inc., New…
First Community Bancorp today announced the signing of a definitive agreement to acquire, for US$40 million in cash, all of…
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 slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…
President Bush's fiscal year 2005 budget request for the Export-Import Bank of the United States (Ex-Im Bank), which the Administration…
Federal Reserve policy makers unexpectedly dropped a commitment to hold interest rates low “for a considerable period” while voting to…