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CIT Commercial Services has announced a strategic alliance with FTADirect, a leading online business-to-business marketplace for the textiles and finished goods industry. CIT will provide factoring services to users of FTADirect by providing credit protection to the sellers and lines...
#CIT#CIT Commercial Services#credit protection
GMAC has joined the eCredit.com Global Financing Network as a financing partner. The Global Financing Network connects businesses to global…
Lawrence Rosenzweig of the Barridon Corporation has pleaded guilty today in a federal court to the charge of “wire fraud”,…
Finatra Captial Inc has announced plans to buy Premium Asset Recovery Inc. a factoring company specialising in the collection of…
#acquisition#WHO
Heller Financial Inc. has today appointed Mark Ohringer to General Counsel effective immediately. Ohringer joined Heller’s legal department in 1993…
Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…
#account receivables#receivables
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…
The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today…
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 today announced the launch of their first managed eFinance platform and aims to service online businesses. The new…
#trade#trade credit
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 (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…
#bank#trade
CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…