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A Riverside, California, based financing firm that has raised more than $21 million in investments has operated without a state permit and has been ordered by the state Department of Corporations to stop accepting money from investors, authorities said. MX...
#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…
Miami-based factoring company E.S. Bankest collapsed this month with debts of at least $170 million, leaving creditors and clients asking,…
The Bank of New York Company, Inc. (BNY) and General Motors Acceptance Corporation (GMAC) have agreed to a settlement regarding…
#bank#SEC
What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…
#bank#cash-flow#international
EquiFin, Inc, a commercial finance company which provides structured credit to small- and mid-size business enterprises (SMEs), announced yesterday (23…
Some of Factory 2-U's suppliers are getting frayed nerves as it becomes tougher for them to obtain credit for deliveries…
#Two
The National Federation of Independent Business (NFIB) monthly index of small business economic indicators jumped 4.1 points last month to…
Small businesses are a key to upward mobility, particularly for women and minorities, US President George Bush said in his…