Lesco sells receivables, refinances bank debt, eliminates interest rate swap and buys back preferred stock in debt restructuring
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt.
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt.
YP.Net™ (OTC BB: YPNT), a leading provider of Internet Yellow Pages and related services, announced today that New Horizon Capital has dropped all claims against Angelo Tullo, YP.Net's chairman and chief executive officer.
"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on our core U.S. businesses," said Martin Glynn, President & CEO of HSBC Bank USA.
The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to 105.3, thanks to small business owners’ expectations that the economy and their sales will improve.
The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$38 million loan guarantee to support the sale of services and equipment by Saba, Inc.of Memphis to a Turkish non-profit foundation.
General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year.
April H. Foley has been sworn in as first vice president of the Export-Import Bank of the United States (Ex-Im Bank). In that capacity she also will serve as vice chair of the Bank.
With more and more reputable companies entering the factoring business, services have greatly improved…
With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains the same: providing ready funds for companies in cash-flow-challenged industries.
Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment of Mark Olfson as vice president for Business Development.