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Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring receivables. The sale of the Dallas-based Goodman Factors was made to a group of investors led by the factoring company's...
#bank#liquidity#management
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 Corporation (NYSE: SWW), a leading global provider of outsourced customer support services, today announced it has closed a three-year…
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
CapitalStream and Northern Consulting announce the release of the 2003 Commercial and Equipment Finance Survey Report focusing on what banks…
Vengroff, Williams & Associates Inc. (VWA) today announced it has partnered with Experian, the leading provider of custom credit scoring…
Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…
#acquisition#bankruptcy#management
The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once…
The GETPAID(R) Corporation, the leading provider of receivable management software and services, today announced the promotion of Barry Tudor to…
#management#receivables#training
One of the events of this year that we should remember is the retirement of Leonard Machlis after 38 years…
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
The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…
The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…