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Heller announces new General Counsel

Heller Financial Inc. has today appointed Mark Ohringer to General Counsel effective immediately. Ohringer joined Heller’s legal department in 1993 and spent the past 4 years as Chief Corporate Counsel. Ohringer replaces Debra Snider, who left the organisation last month....

Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…

#account receivables#receivables


Factoring Agreement Renewed Between AllnetServices.com and Global Asset Exchange

The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…


CIT Allies With BtoBapparel.com

The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today…


CIT to Provide Factoring to EcomTextile Clients

CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…

#CIT#credit protection#e-commerce


Aceva Technologies Launch eFinance Infrastructure

Aceva Technologies today announced the launch of their first managed eFinance platform and aims to service online businesses. The new…

#trade#trade credit


Finova’s Long and Short Term Debt Ratings Downgraded

The troubled international financial services company Finova Group which last week announced that they would be selling their factoring business…

#Commercial Credit#financial services#international


Merchants Bank of California Announce Record Quarterly Earnings

Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…

#bank#trade


CIT Team Up With TextilEdge

CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…

#CIT#CIT Commercial Services#credit protection


CIT Group Financial Results

The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents…

#CIT


CIT Announces Alliance with E-Commerce Company, TradeOut

The USA’s largest provider of factoring services, CIT Commercial Services, have today announced an alliance with TradeOut, a global internet…

#cash-flow#CIT#CIT Commercial Services


Capital.com Find Providers in a Host of Factors

Go to www.capital.com and you will find an on-line business finance marketplace in which premier financing sources compete to provide…

#business finance#Commercial Credit#funding

New Head of Factoring Division for Heritage Bank of...

The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…

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