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Financial assistance for exporters: SBA and Ex-Im bank programmes

Securing export financing is difficult for most businesses but particularly for small companies. Several federal financial programs exist for U.S. exporters in support of their foreign sales. Programs are often specially designed for small and medium-sized firms. Assistance includes straightforward...

Florida TMA chapter report financing still sluggish and credit...

Lenders painted a less than rosy picture of the Florida lending market at the Florida Chapter Turnaround Management Association's meeting.…

#CIT#CIT Commercial Services#liquidity


Gulf Bank expects to regain profitability in 2003 as...

Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…

#bank#interest rates#international


Strategic advisor assumes senior position in Kaulkin Ginsberg

Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…

#acquisition#international#management


Wells Fargo broadens its presence in Philadelphia by buying...

Financial services giant Wells Fargo & Co. increased its presencein Philadelphia recently when one of its subsidiaries bought most of…


EquiFin signs letter of intent to acquire Celtic Capital...

EquiFin, Inc, has announced the signing of a non-binding letter of intent to acquire Celtic Capital Corporation, a privately held…


Survey of SMEs shows confidence in survival in spite...

A recent survey by Greenwich Associates, a Connecticut institutional financial services consulting and research firm, indicates 18.8 per cent of…


Insurer reported to have cancelled coverage on US Foodservice...

Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…

#insurance#receivables#risk


Apparel manufacturer secures $25m credit revolver against L/Cs, factoring...

Candie's, Inc. (NASDAQ:CAND) today announced that its wholly owned subsidiary, Unzipped Apparel, LLC, which manufactures and sells Bongo jeanswear, signed…


Survey reveals factoring leads credit insurance as the most...

More than half of the companies within the apparel and home goods industries have failed to diversify their customer base…

#CIT#credit protection#management


Freight bill factor files Chapter 7

A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…

#3M#bankruptcy#Bill


Kaulkin Ginsberg report the second busiest year in accounts...

Kaulkin Ginsberg today announced that with 55 deals completed in 2002, the year was the second busiest ever in Accounts…

Alliance Entertainment Corp. extends US$135m asset-based credit revolver

Alliance Entertainment Corp. today announced that it has extended the term of its Revolving Credit Facility with GE Commercial Finance…

#BPM#commercial finance#management

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