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commercial lending

Wells Fargo’s latest acquisition

Wells Fargo & Company has announced that it has signed an agreement to purchase GE Capital’s Commercial Distribution Finance and Vendor Finance platforms as well as a part of its Corporate Finance business. (more…)

#acquisition#cash-flow#commercial lending

GE agrees to sell GE Capital

GE has announced today that it has reached an agreement to sell its GE Capital, Transportation Finance business in the…

#commercial lending#Credit Suisse#management


New man at Wells Fargo

John Coad Named National Sales Manager for Wells Fargo SBA Lending (more…)

#business finance#commercial lending#MAN


Bayside Business Solutions acquired by Jack Henry & Associates

Jack Henry & Associates – a leading provider of technology solutions and payment processing services – today announced the acquisition…

#acquisition#bank#commercial lending


Momentum Capital implements Bayside’s CADENCE platform and ClientWeb

Bayside Business Solutions, Inc. – a supplier of portfolio management software to the global commercial lending industry – announced today…

#commercial lending#funding#management


Inspired Capital secures additional facility from British Business Bank

Syndicated funding to be delivered by development bank's commercial arm in partnership with Lloyds (more…)

#bank#commercial finance#commercial lending


Commercial Finance Association publishes quarterly index

Asset-Based Lending Index for the third quarter of 2013 released (more…)

#commercial finance#commercial lending#crisis


Heritage Bank of Commerce to acquire Bay View Funding

Definitive stock purchase agreement signed by Californian bank (more…)

#acquisition#bank#commercial lending


Bridge Bank implements Bayside’s portfolio management platform

Bridge Bank implements Business Solutions’ CADENCE platform. (more…)

#bank#Bridge Bank#commercial lending


Hudson Valley Bank establishes ABL unit to appeal to...

Former MD and of Wachovia Capital Finance chief credit officer will lead Hudson Valley’s asset-based lending group. (more…)

#alternative financing#bank#commercial lending


Gulf Coast Business Credit implements CADENCE for Factoring platform...

The Accounts Receivable Finance Division of Gulf Coast Bank & Trust Company starts operating Bayside Business Solutions’s factoring software. (more…)

#accounts receivable finance#bank#commercial lending


Nationwide considers move into commercial finance for SMEs

Nationwide shows interest in joining a bidding battle for RBS branches. (more…)

#bank#commercial finance#commercial lending

Nationwide considers SME lending

Nationwide, the largest building society in the United Kingdom, is considering offering loans to SMEs to broaden its traditional customer…

#banks#commercial lending#SME lending

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