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commercial finance

Chief executive of UK factor resigns ahead of interim...

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last year, have been encouraging and are reflected in an improved trading performance. The commercial finance specialist said in a statement...

#commercial finance#factoring industry#interest

Merrill Lynch vows to grow SME loan provision

Merrill Lynch, the largest US securities firm in terms of number of stockbrokers, is hiring salespeople to make loans to…

#commercial finance#conference#economy


Software firm renews euros7.5m factoring contract with Fortis Commercial...

US software firm PFSweb has renewed a series of senior debt agreements, which include a factoring facility, with Fortis Commercial…

#commercial finance#factoring contract#financial services


UK commercial finance firm shines

A key moment for any company is its move into profitability, a milestone that Dynamic Commercial Finance, the UK financier,…

#commercial finance#Paid


GE Commercial Finance Ltd appoints new regional manager, South...

GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Anthony Newman…

#ACCA#business finance#commercial finance


CIT Group results 2003 show strong factoring and leasing...

CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…

#CIT#commercial finance#i


FactorHelp announces new managing director

FactorHelp announced that a 20-year veteran in the factoring and small asset-based lending (ABL) industries, Thomas G. Siska, has joined…

#commercial finance#funding#Vice president


Asset-based lending on the up according to LTSB Commercial...

More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased…

#commercial finance#funding#invoice


Lloyds TSB Commercial Finance funds Dantec buy-out

A Moreton-based manufacturer of specialist hose for the oil industry and Formula One racing has been bought by its management…

#commercial finance#management


GE Commercial Finance Ltd appoints new regional director for...

GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Adam Wardle…

#business finance#commercial finance#corporate finance


GE Commercial Finance acquires IKON's US leasing operations –...

GE Commercial Finance, the business-to-business financial services unit of General Electric, announced yesterday that it has completed the acquisition of…

#acquisition#commercial finance#financial services


GE Commercial Finance commits $30 million of debtor-in-possession financing

FiberMark Inc, a leading producer of specialty fibre-based materials, announced yesterday that it has filed voluntary petitions to reorganize under…

#bankruptcy#commercial finance#economy

First Business profits increase 273%

First Business Financial Services Inc., specialist in commercial banking, asset-based lending, commercial finance and leasing, reported net income of US$4.1…

#bank#commercial finance#financial services

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