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commercial finance

GE to acquire sole ownership of East Asia GE...

GE Commercial Finance has entered into a definitive agreement to become the sole shareholder of East Asia GE Commercial Finance. (more…)

#bank#commercial finance#interest

GE Corporate Lending leads USD265m cash flow credit facility

GE Commercial Finance Corporate Lending has announced it led a US$265m cash flow credit facility for EaglePicher Corporation. (more…)

#cash-flow#commercial finance#management


Small businesses face GBP15.9bn overdraft debt

Small businesses in the UK owe 15.9bn worth of debt to overdrafts, according to new figures. (more…)

#commercial finance#interest rates#invoice


Bank cuts interest rates to 5.25% – What does...

Roopi Makkar gets some views from UK industry leaders. (more…)

#bank#Bank of England#commercial finance


Landsbanki switches on Europower with Ј8 million credit facility

Landsbanki Commercial Finance (LCF) - has provided Europower with an eight million credit facility. (more…)

#commercial finance#investment#poland


BEA signs deal to sell EAGE joint-venture stake to...

Bank of East Asia Ltd confirmed Monday it signed an agreement to sell its 50% stake in a financial services…

#acquisition#bank#commercial finance


GMAC provides factoring facility, revolver to Dan River

GMAC Commercial Finance has provided a US$200m factoring facility and a US$55m revolving credit facility to Dan River Inc. (more…)

#commercial finance


Squire Sanders advises Landsbanki on asset-backed lending deal

Squire, Sanders Dempsey has advised Landsbanki Commercial on its provision of a 25m credit facility to Cheval Finance Limited. (more…)

#asset-based lender#banks#commercial finance


CIT Reports Fourth Quarter Results

CIT Group Inc. (NYSE: CIT) today reported a net loss of $130.7 million, or $0.69 per share, for the fourth…

#bank#commercial finance#financial services


Crestmark Bank acquires Commercial Capital Lending

On the heels of their Q4 acquisition of TPG Commercial Finance, Crestmark Bank announces their second recent acquisition. (more…)

#acquisition#bank#commercial finance


New promotion to the Merchant Banking Board of Fortis

Dirk Driessens has been recently promoted to Member of the Merchant Banking Board of Fortis. (more…)

#cash management#commercial finance#global trade


CIT Announces Fourth Quarter Actions

CIT, a leading global commercial finance company, announced today that it will record several items in connection with its fourth…

#CIT#commercial finance#conference

GE Corporate Lending Provides $115 Million Credit To Support...

GE Commercial Finance Corporate Lending today announced it provided a $115 million asset-based credit facility to support the acquisition of…

#acquisition#commercial finance#liquidity

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