Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet Front-Office Trade Finance solution, is now in live production use at Commerce Bank.
GE Commercial Finance Corporate Lending announced it has provided US$173.5m in financing to United States Steel Corporation.
CIT Specialty Finance, an operating group of CIT Group Inc.
Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about US$4.4bn in cash. The business provides financing, leasing, and asset-based lending.
Sterling National Bank, the principal banking subsidiary of financial holding company Sterling Bancorp, today announced a plan to open a new private and professional full service branch to be located in Manhattan.
Integrated Security Systems, Inc. (ISSI), has announced an agreement with Briar Capital, L.P. to provide an asset based lending facility to the Company's B&B ARMR subsidiary.
Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its lending capabilities in the areas of leasing and asset-based lending.
Small Business Administration loans fell significantly in October after loan fees went up to start the month, but opinions differ about whether the decrease indicates an alarming trend or a statistical anomaly.
Aegon NV said it sold Transamerica Finance Corp's (TFC) maritime container leasing activities to TAL International Group Inc for US$1.2bn.
Powered both by local growth and regional expansion, the area's top community banks ramped up their small business lending by more than a third in the past year.
