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USA 20-07-2000

Finova In Trouble

Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial woes. Finova is an independent commercial finance company that lends money to middle-market companies with funding requirements ranging from $2...

Finova In Trouble
factoringUSA 20-07-2000

MetroCorp BancsharesInc. Records a $5.3m Factoring Receivable Charge-Off

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

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