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Bank of America announced it will expand its asset-based lending capabilities to serve smaller middle-market businesses as a result of its acquisition of a former LaSalle Bank business unit. (more…)
Cott Corporation announced that it has entered into a new US$250m senior secured asset-based lending credit facility. (more…)
#bank#J.P. Morgan#LIBOR
Wells Fargo Business Credit has hired Scott Terryn as a returning business development officer for the Detroit area. (more…)
#bank#financial services#JP Morgan
Sterling National Bank has announced that Joseph Costanza has been named senior vice president of the ABL unit. (more…)
HFN has launched a new benchmark for ABL hedge funds, which provide loans to companies that otherwise might not be able to obtain…
A tough year for retailers will have a knock on affect on businesses throughout the supply chain and a number…
Harcourt Investment Consulting AG has launched its first fund of funds fully dedicated to asset-based lending strategies (more…)
The King Capital Corporation announced that its board of directors has approved a plan to redirect the company's business activities.…
#financial services#international#investment
Citizens Bank has announced that it has formed Citizens Bank Business Finance, an asset-based lending unit. The unit operates from…
The Lausanne-based company, which specialises in asset-backed financing, operates in the German, French, and Italian-speaking Swiss cantons (more…)
#acquisition#leasing
Wachovia's Capital Finance division announced that its Canadian operation has changed its name and will be called (more…)
#financial services#investment
Wells Fargo Co. has announced that the head of its asset-based lending group, plans to retire at the end of…
#commercial finance#financial services#investment
Tim Corbett Marketing Director of GMAC Commercial Credit Ltd (GMAC CC) The statement that asset-based lending is on the increase is…
#bank#commercial finance#international