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Low-interest federal loans of up to US$1.5 million have been approved for small businesses affected by storms that swept across northern portions of the state last month, the US Small Business Administration (SBA) said on Wednesday (13 August). Businesses in...
#interest#small business#small businesses
Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…
#bank#CIT#commercial finance
While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…
#bad debts#bank#financial services
Fleet Capital Corporation, one of America’s largest asset-based lenders, has announced that it served as agent for a US$200 million…
GE's second quarter 2003 earnings were US$3.8 billion compared withUS$4.4 billion, in Q2 2002, the Company announced today. The Commercial…
Citing the details of trial documents and witnesses' testimony, a federal judge declared on Friday (11 July) that the husband-and-wife…
#bank#Clear#Jobs
Crestmark Bank has introduced Tim R. Bruckner as a new vice president (VP) and regional manager. Bruckner will be working…
#bank#financial services#invoice
More than two years after clamping their wallets shut, American businesses have begun to boost spending again on facilities and…
The International Factoring Association (IFA) has announced the names of the new Board of Directors for 2003-2004, which includes four…
Melody Stallings was promoted to vice president and business development manager for Wells Fargo Business Credit's national factoring division. "Melody…
Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…
#receivables#Two#WHO
Zurich Emerging Markets Solutions (ZEMS), the Washington, DC-based political and credit risk insurance unit of Zurich North America, has been…
#credit risk#emerging markets#international
The Federal Reserve last night signalled that it would not risk Japanese-style deflation gripping the world's biggest economy when it…