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Livingston-based commercial and consumer-finance company CIT Group Inc. posted a 10 per cent jump in third-quarter earnings, citing gains in most segments. The only CIT unit to experience a decline was commercial finance, where the operating margin declined slightly due...
Wells Fargo & Company reported that third quarter net income was a record US$1.6 billion in 2003, up 8 per…
#bank#financial services#trade
Sterling Bancorp (Sterling), a financial holding company and the parent company of Sterling National Bank, has reported record results for…
#bank#interest rate#leasing
Export-Import Bank of the United States (Ex-Im Bank) president and chairman Philip Merrill provided a positive assessment of Eastern Europe's…
#bank#exports#guarantees
The Small Business Administration (SBA) has entered into agreements with a pair of minority business groups to try to increase…
Senator Olympia Snowe introduced legislation that authorizes the Small Business Administration (SBA) to establish a three-year pilot programme that will…
Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the…
#interest#interest rate#small business
A Riverside, California, based financing firm that has raised more than $21 million in investments has operated without a state…
#international#international factoring#International Factoring Association
Medallion Financial Corp, a speciality commercial finance company with a leading position servicing the taxicab industry and small business commercial…
Commercial lenders across the nation believe the economy will continue to slowly improve during the first half of 2004, but…
#commercial finance#management#small businesses
Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…
#account receivables#receivables
CIT Group Inc. announced today that its Commercial Services business unit has acquired a substantial portion of the U.S. factoring…
Century Business Credit Corporation, one of the largest bank-owned factoring companies in the world, has changed its name to Wells…