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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 Florida-based company was formed in 1996 and specialises in factoring accounts receivables The US$8m to US$10m that United Capital factors...

#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


NABE survey shows US business spending rising again

More than two years after clamping their wallets shut, American businesses have begun to boost spending again on facilities and…


IFA announces Board of Directors

The International Factoring Association (IFA) has announced the names of the new Board of Directors for 2003-2004, which includes four…


Wells Fargo Business Credit appoints business development manager in...

Melody Stallings was promoted to vice president and business development manager for Wells Fargo Business Credit's national factoring division. "Melody…


Commercial Factors of Cleveland were victims of US$500,000 receivables...

Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…

#receivables#Two#WHO


Trade Finance readers vote Zurich North America Unit best...

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


US interest rates cut to 45-year low: Fed decides...

The Federal Reserve last night signalled that it would not risk Japanese-style deflation gripping the world's biggest economy when it…


Alternative medical treatments firm looks to receivables finance to...

Hard to Treat Diseases Incorporated (HTTDS) announced today the targeted market for the Holistic Product T-19(R). According to the National…

#debt financing#receivables

SME financiers EquinFin and Celtic Capital sign merger agreement,...

EquiFin, Inc. (‘the Company’) (AMEX:II and II,WS) today announced the signing of a definitive merger agreement providing for the anticipated…

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