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Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a US$100 million senior secured credit facility to Columbus McKinnon Corporation, a leading worldwide designer and manufacturer of material handling products,...
#capital requirements#liquidity#working capital
Federal Reserve policymakers are expected to hold interest rates at a 41-year low when they meet tomorrow following the sudden…
The majority of SME manufacturers’ chief financial officers (CFOs) anticipate revenue growth for their companies according to a recent survey.…
#economy#interest rate#management
GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…
#acquisition#commercial finance#financial services
Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…
#financial services#i#IBM
CapitalSource, a leading commercial finance firm headquartered in Chevy Chase, Md., announced today the formation of a new division focusing…
#commercial finance#funding#smes
The US economy grew faster in the third quarter than first reported, and consumer confidence rose from a nine-month low…
Sterling Bancorp (NYSE: STL), parent company of Sterling National Bank, today announced that its Board of Directors declared a 20%…
#bank#financial services#international
EquiFin, Inc. (AMEX:II AND II,WS), today reported third quarter and nine-month results for the period ended September 30, 2002. EquiFin,…
#AMEX#compliance
Transamerica Distribution Finance, a global provider of inventory finance, accounts receivable finance, and asset-based lending services and Brunswick Corporation (NYSE:…
#accounts receivable finance#financial institutions#Inventory finance
Twenty-year banking veteran Kathleen Tye was recently named vice president and business development officer for factoring services for Wells Fargo…
#Vice president#WHO
The US Federal Reserve showed its determination to head off renewed threats of economic weakness by cutting interest rates aggressively…
#bank#Bank of England#banks
Just over a year after buying a bank, United Parcel Service Capital Corp. is carving a niche for itself by…