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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 asset-based lender Sunrock Capital Corp.'s portfolio and acquired its office lease. There could be more to follow for San Francisco-based...

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


Fleet Capital announce US$15m asset-based finance deal

Measurement Specialties (Amex: MSS) announced today that on Friday, 31 January 2003, the Company has entered into a three-year US$15…

#AMEX#management#security


Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri…

#commercial finance#commercial financing#Credit Suisse


John Canning recognised as one of top 25 most...

CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…

#bank#CIT#leadership

Kaulkin Ginsberg announces new accounts receivable customer relationship management...

Kaulkin Ginsberg, the leading source of advice, information and expertise for the accounts receivable/customer relationship management industry, announced today the…

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