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Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the US Small Business Administration (SBA) announced Friday (10 October). Businesses that may qualify would, for instance, sell goods or services...
#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…
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…