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funding

Bibby announces factoring deal for transport firm

Bibby Financial Services has announced that it has provided a $1.25 million facility to a transportation company located in Ontario (more…)

#bank#financial services#funding

Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes


GE Capital secures Arctic Cat receivables deal

GE Capital s Commercial Distribution Finance (CDF) today announced it is to become the sole provider of inventory finance for…

#acquisition#funding#Inventory finance


Anchor Funding Services announce quarterly results

Us factoring company Anchor Funding Services has reported a third quarter net loss of (more…)

#acquisition#funding#investments


Absolute Invoice Finance bought by AnaCap subsidiary

AnaCap Financial Partners have sold Absolute Invoice Finance to SME financier (more…)

#acquisition#Aldermore#bank


Close Invoice Finance partner with Institute of Chartered Accountants

Close Invoice Finance has signed an agreement with the Institute of Chartered Accounts in England and Wales (more…)

#funding#invoice#risk


Great American Group launch new subsidiary

Great American Group have introduced a new division that will provide (more…)

#asset based finance#funding#liquidity


Icahn offers CIT loan

CIT have been offered a $6 billion loan from Carl Icahn, (more…)

#bank#bankruptcy#CIT


EBRD opens Istanbul office

The EBRD have opened a new branch in Istanbul, with plans to invest 400m in the Turkish economy (more…)

#bank#economy#funding


Speculation mounts as two bondholder quit CIT steering committee

Two creditors from the steering committee of CIT s bondholders have resigned, Bloomberg have reported. Pacific Investment Management Company (PIMCO)…

#CIT#funding#investment


Law firm reports resurgence of asset-based finance

Law firm Browne Jacobson have reported a resurgence of interest in asset-based lending, including invoice discounting and factoring, in recent…

#asset based finance#commercial finance#funding


NACFB survey finds invoice finance availability up 20%

Availability of invoice finance is up by more than 20 percent since last year, a survey by the National Association…

#cash-flow#commercial finance#funding

CIT unable to file quarterly report by deadline

In a filing, CIT Group said it was unable to file its quarterly report for the period ended June 30,…

#CIT#funding#liquidity

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