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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 politicians stoke the economy for the presidential election campaign, two bank economists told the Economic Club of Pittsburgh yesterday. Mellon...

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


New survey indicates some key attributes of successful commercial...

CapitalStream and Northern Consulting announce the release of the 2003 Commercial and Equipment Finance Survey Report focusing on what banks…


Receivables management firm partners with Experian to offer online...

Vengroff, Williams & Associates Inc. (VWA) today announced it has partnered with Experian, the leading provider of custom credit scoring…


Med Diversified receives bankruptcy court approval for post-petition factoring...

Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…

#acquisition#bankruptcy#management


An overview of GE Capital’s changing relationship with General...

The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once…


GETPAID Corp. appoint VP marketing

The GETPAID(R) Corporation, the leading provider of receivable management software and services, today announced the promotion of Barry Tudor to…

#management#receivables#training


A view of asset-based lending as only Leonard Machlis...

One of the events of this year that we should remember is the retirement of Leonard Machlis after 38 years…

Major factor to offer credit protection services on the...

GE Commercial Services to provide a credit protection facility for trade transactions GE Commercial Services, a unit of GE Commercial…

#commercial finance#international#International Trade

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