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Sterling National Bank, a subsidiary of Sterling Bancorp, announced that it is extending its business presence in the southeastern United States. This new initiative will be lead by Barry Horowitz who has been appointed southeast regional representative. Barry Horowitz will...
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
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
DrugMax, Inc. has announced that the company has secured a three-year, US$40m credit facility with Congress Financial Corp., a subsidiary…
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
Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…
#bankruptcy#Paid
Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…
#acquisition#CIT#receivables
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
To read the full article giving details of programmes including loans, working capital guarantees and risk insurance, go to Article…
#bank#exporters#guarantees
Securing export financing is difficult for most businesses but particularly for small companies. Several federal financial programs exist for U.S.…
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
Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…
#bank#interest rates#international
Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…
#acquisition#international#management