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commercial finance

FTC Commercial Corp. agents USD20m ABL facility for leading...

Kenneth Wengrod, President of FTC Commercial Corp, has announced that FTC was the arranger and agent for a $20m asset-based revolving facility for Minson Corporation, a leading manufacturer of (more…)

#commercial finance#factoring industry#management

GE Corporate Lending USD175m cash flow facility to Cliffstar...

GE Commercial Finance - Corporate Lending today announced it has provided a $175 million cash flow credit facility to Cliffstar…

#capital requirements#cash-flow#commercial finance


Wizard moves into SME market

One of Australia's leading non-bank lenders on Thursday moved into the small business arena, launching a new range of equipment…

#bank#commercial finance#non-bank lenders


Southeastern Commercial Finance promotes Bittner to director

Southeastern Commercial Finance, LLC announced Danny Bittner has been promoted to director of Business Development for Alabama, the Florida Panhandle…

#bank#Commercial Credit#commercial finance


CIT announces Wolfert resignation

CIT Group Inc., a leading global provider of commercial and consumer finance solutions, today announced that Frederick E. Rick Wolfert…

#CIT#commercial finance#leadership


IFS Capital seeks to list on SET

IFS Capital (Thailand) aims to become the market leader in the factoring sector and plans to list on the Stock…

#bank#commercial finance#guarantees


American Prudential Capital, Inc. welcomes Will Fuller as director...

American Prudential Capital, Inc. (APC), a major player in the commercial factoring community, has employed Will Fuller as director of business development.…

#commercial finance#funding#management


ABL releases hidden value in the balance sheet

Asset-based lending (ABL) is now an established way of releasing hidden value in a company's balance sheet, and thus enabling…

#bank#commercial finance#debt finance


GMAC Commercial Finance sells equipment finance portfolio to Prudential...

GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash…

#commercial finance#financial services#investment


BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…

#bank#BB&T#commercial finance


GMAC Commercial Finance receivables funding for Bridisco

The European structured finance group at  GMAC CF has provided a £45 million three year senior secured credit facility to…

#commercial finance#funding#Letters of Credit


Jeff Longhurst appointed managing director of Eurofactor UK

Eurofactor is pleased to announce that Jeff Longhurst has been appointed managing director of its UK subsidiary Eurofactor (UK) Limited.…

#business finance#commercial finance#international

GE Corporate Lending provides USD200m asset-based finance to toy...

GE Commercial Finance - Corporate Lending today announced it has provided a US$200m asset-based credit facility to the largest mall-based…

#commercial finance#liquidity#working capital

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