USA

Platinum Funding Group announced today that it provided working capital advances against US$8 million of accounts receivable

General Motors Corp.'s board met for the first time yesterday with new member Jerome York

General Motors Corp.'s board may review a bid for a majority of its finance unit today

Research presented by Glass Lewis Co. and cited by the Wall Street Journal indicates that the number of public companies that restated their financial results in 2005 skyrocketed

GM had been putting pressure on its negotiators and investment banks, led by Morgan Stanley, to try to get the deal done by

The National Association of Credit Management's February Credit Manager Index (CMI) showed a strong snap back from January's weakness, led by sharp gains in

Wells Fargo Company announced today the signing of a definitive agreement for Wells Fargo Bank, N.A. to acquire a privately-held factoring company based in Vienna, Virginia

General Motors is putting pressure on its negotiators and investment banks to reach an outline agreement to sell a majority stake in

ES Bankest, the Miami-based factoring company, has sued its former auditor BDO Seidman for malpractice alleging...

Competition from a new breed of small- and mid-size factors has forced the industry, once dominated by a few large firms, to focus on