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The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no new bankruptcy judgeships and funding frozen, the Judiciary is struggling to handle the caseload. According to the Administrative Office of...
Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…
#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