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Bank specialising in serving SMEs to list on Nasdaq

Bridge Bank, Santa Clara County's newest full-service business bank today announced that it has been approved to list its securities on The NASDAQ Stock Market under the trading symbol BBNK. To date, Bridge Bank shares have been traded on the...

Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…


Finance business, GMAC, shines as General Motors unveils Q4...

"General Motors Acceptance Corporation, or GMAC, achieved its eighth-consecutive year of earnings growth and fourth straight year of record earnings…


Strong performance from commercial finance arm helps fuel GE...

GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated…

#commercial finance#economy#i


Speciality lenders expect another hot year in asset based...

Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…

#bank#commercial lending#management


Sun Capital HealthCare provides factoring service to former NCFE...

Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a…


Sterling Bancorp Schedules year-end 2002 earnings date and conference...

Sterling Bancorp, parent company of Sterling National Bank, today announced that the Company is scheduled to release year-end financial results…

#bank#conference#international


Economists see economy picking up and interest rates growing

The U.S. economy will grow 3 per cent or more this year, followed by more robust growth next year as…


Forum aims to teach entrepreneurs how to stretch capital...

Entrepreneurs will have the opportunity to learn how to stretch their capital resources through alternative funding at the first Tech…

#alternative financing#bank#forum


Bay View announces sale of factoring businesses

Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…

#bank#liquidity#management


CIT Commercial Services factoring relationship with fashion design house...

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…

#CIT#CIT Commercial Services#Letters of Credit


SITEL renews 3 year $50m credit facility against receivables...

SITEL Corporation (NYSE: SWW), a leading global provider of outsourced customer support services, today announced it has closed a three-year…

Coface strengthens credit insurance presence through completed CNA Credit...

French credit insurer Coface said it has completed its acquisition of CNA Financial Corp.'s (NYSE:CNA) CNA Credit, a division of…

#Commercial Credit#credit protection#credit reports

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