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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 m revolving credit facility with Fleet Capital Corporation ("FCC"). Upon closing, US$7.3 m was drawn against the FCC facility and...

#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…


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…


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

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