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There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with CIT buying two smaller factors and GMAC's purchase of the Bank of New York. As yet, the consequences of this...
#bank#BCR Publishing#CIT
Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…
Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial…
MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…
#3M#bank#interest rates