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ABL

First Chicago Bank names new ABL group team

First Chicago Bank Trust announced that a group of five former ABN AMRO/LaSalle Bank executives led by John Littrell has joined First Chicago's asset-based lending group. (more…)

#ABN AMRO#bank#CIT

Wachovia Capital Finance names three to ABL leadership roles

Wachovia Capital Finance (WCF), the asset-based lending business for Wachovia Bank, has named three industry leaders to new leadership roles…


Larger businesses turn to ABL finance

The 447m management buy-out (MBO) of wholesaler and distributor Palmer Harvey Group in April is the latest example of how…

#bank#commercial finance#invoice


Lloyds TSB signs EUR 27m ABL deal

Milacron Inc. announced the signing of a five-year, asset-based revolving credit programme through which Lloyds TSB Group plc will provide…


Moody's re-assess their approach to ABL ratings

Moody's Investors Services, has recently announced that they have undergone a review of their ABL ratings. (more…)


Burdale Capital Finance opens NYC office to support growing...

Burdale Capital Finance, Inc. announced the opening of its New York City office. (more…)

#bank


Burdale closes US$30m ABL facility

Corgi International Limited announced the completion of approximately US$39.3m in debt and equity financings. (more…)


Tri-S Security announces new US$25.0m ABL facility

Tri-S Security Corp., a provider of security services and equipment for government and private entities, has restated its credit facility…

#cash-flow#funding#liquidity


BMO Capital Markets appoints Head of US ABL Group

BMO Capital Markets has appointed Michael Scolaro as managing director and head of the firm's US Asset-based Lending Group. (more…)


Merchant Financial hires ABL BDO

Merchant Financial Corporation has hired John Canfora as vice president/business development officer. (more…)


Crestmark Bank announces ABL promotions

Crestmark Bank has announced the promotions of four personnel serving asset-based lending. (more…)


Credit crunch jumpstarts ABL and factoring

The credit crunch has jumpstarted asset-based lending and factoring on Long Island, as banks tighten lending standards and business borrowers…

BB&T provides USD15m ABL facility to sprinkler manufacturer

BB&T Commercial Finance provided US$15m via an ABL facility, for a manufacturer of industrial and commercial sprinklers. (more…)

#BB&T#commercial finance#management

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