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Textron Financial, a unit of Textron Inc. today announced that it has sold substantially all of its Small Business Direct portfolio to MBNA America Bank, N.A.. Terms of the transaction were not disclosed. Textron Financial's Small Business Direct division provides...
The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…
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
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'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
The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to…
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
General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At…
#cash-flow#economy#insurance
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
With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…
With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains…
#bank#bank loan#commercial finance
Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…
#commercial finance#i#order financing
Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…
#factoring fraud#receivables#SEC