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Landsbanki Commercial Finance (LCF) has helped a Birmingham-based company refinance six of its businesses with an £8 million asset-based lending (ABL) facility. The lender is providing funding against the receivables and inventories of businesses owned by holding company Harris Watson Holdings...
#bank#cash-flow#commercial finance
CIT Group has acquired the German operations of Enterprise Finance Europe (EFE), a wholly owned subsidiary of the Bank of…
#bank#commercial finance#financial services
The asset-based lending division of GMAC Commercial Finance (GMAC CF) announced the funding of a US$20 million (more…)
#commercial finance#funding
Catering equipment specialist Kestrel Technology Services is diversifying to supply fittings for luxury yachts. Kestrel has brought on board asset-based lending…
#Bridge#cash-flow#commercial finance
Wells Fargo Company and Commerce Funding Corporation (CFC) announced today they have completed Wells Fargo Bank, N.A.'s acquisition of a…
ING Commercial Finance Polska says it could become the leader in the factoring market within a year and increase turnover…
#bank#commercial finance#ING
According to data from the Commercial Finance Association (CFA), an asset-based financial services industry group, factoring is catching on again…
#bank#BB&T#commercial finance
UK importer PMS International Group has secured a 31.7m asset-based refinance package from the business finance arm of GE Commercial…
#business finance#commercial finance#international
Lloyds TSB Commercial Finance has stolen a march on its factoring competitors with the launch of a supplier finance service…
#commercial finance#credit risk#receivables
The Card Payment Service allows GMAC CF s Collection Services department to accept credit and debit card payments in GBP…
#commercial finance#credit protection#financial services
The IF-Group's success is a result of the new strategy that focuses not only on the Two-Factor import-export operational platform,…
#commercial finance#ING#international
John Jenkins , chief executive officer (CEO) of GE Commercial Finance s business finance unit, based in Surrey, began his…
#bank#commercial finance#invoice
Electrical efficiency company Techno Environmental Ltd turned to small business invoice finance specialists, Ashley Commercial Finance when it needed more…
#cash-flow#commercial finance#invoice