SunTrust Receivables Capital Management Opens Office

SunTrust Banks, Inc. today announced that its Receivables Capital Management unit, formerly known as SunTrust Bank Factoring, has opened a new office in High Point, North Carolina, and enhanced the management of its New York office.

Asset Based Lending of Healthcare

It can be a fair bet that financial models adopted in the USA eventually make their way to the rest of the world in one form or another.

Braving the Storm

The Commercial Finance Association’s 57th Annual Convention and Exposition, San Francisco, October 24th-26th.

CEO of GMAC Commercial Credit Dismissed

Mr. Joe Grimaldi, the chief executive officer of the USA’s second largest factoring company, GMAC Commercial Credit, has been dismissed from his position.

Asta Funding Projects 40% Earnings Growth for 2001

Asta Funding Inc, a leading consumer receivables asset management and liquidation company which also factors commercial receivables, today announced that it projects a 40% increase in earnings growth for 2001.