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Factoring companies that are financing clothing deliveries to JCPenney are tightening credit terms, shortening payment windows and tacking on extra surcharges as worries about the retailer's business mount, according to recent US reports. (more…)
#bank#bankruptcy#CIT
SME Bank announced special factoring arrangements for SME suppliers, involved in the government's rice-pledging scheme. (more…)
#bank#liquidity#SME bank
FIMBank Group's improved performance impacted by impairments. (more…)
#funding#interest#liquidity
GE Capital provides USD20m ABL facility to a Japanese data storage manufacturer. (more…)
#bank#commercial finance#liquidity
GE Capital will extend up to two billion yen (US$20 million) of revolving credit facility to Imation Corporation Japan, a…
#funding#international#liquidity
US factoring providers continue to support deliveries to J.C. Penney Company despite its weak financial performance. (more…)
#CIT#liquidity#Penny
KPMG announced the results of a forensic research of Pescanova’s makeshift. The holdings identified by KPMG in its forensic report include…
#bank#bankruptcy#banks
Exide Technologies has received final Bankruptcy Court approval of its USD500 million debtor-in-possession (DIP) financing. (more…)
#bankruptcy#funding#international
GE Capital, Corporate Finance has agreed to provide a US$76.8 million asset-based credit facility to Pacific Coast Feather Company, a…
#corporate finance#liquidity#working capital
GE Factofance signs a three-year Factoring Agreement with a leading global compressors manufacturer. (more…)
#Factofrance#insurance#liquidity
Bibby Financial Services has provided a Canadian manufacturer of composite materials for floors, desks and fences with a US$3.25 million…
#cash-flow#financial services#liquidity
Bank of Ireland has approved EUR1 billion of new loans to small and medium-sized enterprises in the first quarter of…
#bank#guarantee#liquidity
Special web portal optimises interaction between factor and clients / all documents available at all times / new release with…
#cash-flow#invoice#liquidity