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CIT Small Business Lending names John Little Regional Account...

CIT Small Business Lending, a subsidiary of CIT Group Inc., announced another major addition to the organisation. John Little was named as Regional Account Manager for North Carolina. John's extensive experience in the financing industry, together with his knowledge of...

#banks#CIT#small business

Molecular Imaging Corporation secures US$3.2 million asset-based financing package

Molecular Imaging Corporation, formerly known as Mobile PET Systems, Inc., announced that it has secured a US$3.2 million asset-based finance…

#funding#management#working capital


Swank Inc. enters US$30 million credit agreement against receivables...

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…

#bank#interest#interest rate


Comerica Bank and GMAC CFin joint US$60 million credit...

Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a…

#bank#commercial finance#financial services


Sterling National Bank appoints representative for new Southeast Region

Sterling National Bank, a subsidiary of Sterling Bancorp, announced that it is extending its business presence in the southeastern United…


OPIC agreement with Pan-African Export Credit Agency

The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…

#bank#emerging markets#exporters


Milestone agreement to support trade and investment opportunities in...

Zurich North America's Emerging Markets Solutions unit (ZEMS) has announced the signing of a political risk insurance cooperation agreement with…

#bank#emerging markets#international


Congress Financial Corp in US$40 million asset-based revolver and...

DrugMax, Inc. has announced that the company has secured a three-year, US$40m credit facility with Congress Financial Corp., a subsidiary…


Briar Capital opens for inventory and accounts receivables financing

Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…

#bank#financial services#receivables financing


Capital Factors Inc. wins US District Court judge’s support...

Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…

#bankruptcy#Paid


Consumer direct sales firm raises US$100 million, backed by...

Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…

#acquisition#CIT#receivables


Lending Climate in America quarterly survey results

The protracted economic downturn and uncertainty over war in Iraq took a toll on lenders' attitudes last quarter, with most…

#bank#commercial finance#interest rates

Securing export financing is difficult for most businesses but...

To read the full article giving details of programmes including loans, working capital guarantees and risk insurance, go to Article…

#bank#exporters#guarantees

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