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Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its credit facility through an agreement with Transamerica Distribution Finance. This $30.0 million credit facility will provide asset based financing to...
#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…
Accord Financial Corporation, a leading North American provider of asset-based financial services to businesses, including lending, factoring, credit investigation and…
KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…
#bank#commercial finance#management
Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…
#alternative funding#bank#funding
San Diego’s troubled Peregrine Systems issued bad news after the market closed last Thursday. Before the news was announced, stock…
#management#Paid#receivables