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Ingram Micro expects to record charges related to Micro...

Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax) related to accounts receivable from Micro Warehouse, Inc., which the company believes are substantially impaired after Micro Warehouse's sale of...

Small businesses in varying stages of recovery, two years...

Whether they were located near the World Trade Centre or Pentagon or hundreds or thousands of miles away, small businesses…

#bank#bankruptcy#small business


EquiFin elects not to proceed with proposed merger

EquiFin, Inc., a commercial finance company that provides structured credit to small- and mid-size business enterprises (SMEs), today announced that…

#Celtic Capital#commercial finance#smes


List brokerage launches small business modelling programme

A lack of response files for targeting the more than 22 million small businesses in the United States has prompted…

#i#small business#small businesses


ExIm Bank plans US$500 million trade credit programme for...

The US. Export-Import Bank said yesterday (28 August) that it expects to approve a US$500 million loan fund to provide…

#bank#exporters#exports


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…

#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

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