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Alliance announces resignation of president

Alliance Financing Group Inc has announced that Michael Maurer has tendered his resignation as president and as a director of the company. As a result of this resignation the company will continue to operate with four directors and, at present,...

#commercial finance#receivables#receivables financing

Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and…

#bank#commercial finance#management


Finance firm to healthcare providers files for Chapter 11

DVI, Inc. (DVI) today announced that it and two of its US subsidiaries, DVI Financial Services and DVI Business Credit,…


Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO


EquiFin reports results for the second quarter and progress...

EquiFin, Inc. (the "Company")(AMEX:II and II,WS) a commercial finance company which provides structured credit to small- and mid-size business enterprises…


Exports and consumer spending increase signal faster economic growth...

Surprising strength in U.S. exports and consumer spending reported this week suggest the economy grew faster last quarter than first…


Federal funds available to small businesses affected by storms

Low-interest federal loans of up to US$1.5 million have been approved for small businesses affected by storms that swept across…

#interest#small business#small businesses


GM finance arm considers suing Bank of New York...

Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…

#bank#CIT#commercial finance


United Capital – even the bad times are good

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 provides US$200 million asset-based credit facility to...

Fleet Capital Corporation, one of America’s largest asset-based lenders, has announced that it served as agent for a US$200 million…


GE Commercial Finance second quarter results

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…


Judge says husband, wife executives of development firm guilty...

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 expands its invoice financing resources in Chicago...

Crestmark Bank has introduced Tim R. Bruckner as a new vice president (VP) and regional manager. Bruckner will be working…

#bank#financial services#invoice

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