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commercial finance

IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better services to micro, SME (more…)

#bank#banks#commercial finance

GE Commercial Finance – Corporate Lending provides US$75m credit...

GE Commercial Finance - Corporate Lending announced it has provided a US$75m asset-based credit facility to a national specialty consumer…

#bank#commercial finance#liquidity


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…

#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

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