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Boynton CRA director reprimanded over factored invoice

In September, Community Redevelopment Agency (CRA) executive director Doug Hutchinson signed an invoice promising US$9,000 to factoring company A/R Funding of South Carolina that bought the invoice from Lori Dunford, a consultant who helped him to create a new programme...

#funding#invoice#Paid

US Ex-Im Bank will support Iraqi reconstruction

The Export-Import Bank of the United States (Ex-Im Bank) can provide three different types of financing to support Iraqi reconstruction…


SBA suspends small-business loans

The Small Business Administration (SBA) has announced that it has suspended its main US$9.4 billion loan programme because it has…

#bank#management#small business


Textron Financial sells $402m Small Business Direct portfolio

Textron Financial, a unit of Textron Inc. today announced that it has sold substantially all of its Small Business Direct…


International Factoring Association conference 2003

The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…


Lesco sells receivables, refinances bank debt, eliminates interest rate...

Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…

#bank#bank loan#conference


Factor Drops All Claims Against YP.Net's CEO; Angelo Tullo...

YP.Net™ (OTC BB: YPNT), a leading provider of Internet Yellow Pages and related services, announced today that New Horizon Capital…

#Clear#funding#i


HSBC Bank USA sells U.S. factoring assets

"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on…

#bank#CIT#CIT Commercial Services


Small business economic indicators rise

The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to…


Ex-Im Bank supports sale of services, equipment to foundation...

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$38 million loan guarantee to support the sale…

#bank#Deutsche Bank#exporters


Creating a faster growing,stronger GE

General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At…

#cash-flow#economy#insurance


Ex-Im Bank announces appointment of first vice president and...

April H. Foley has been sworn in as first vice president of the Export-Import Bank of the United States (Ex-Im…

#bank#emerging markets#exports

Taking the fear out of factoring and explaining its...

With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…

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