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Working capital revolver deal agreed, secured by accounts receivable and inventory (more…)
#i#liquidity#management
Michigan-based lender cites combined collateral management as key selling point (more…)
#asset-based lender#invoice#management
Cleveland steel service centre announce updated USD365milliion deal with undisclosed lender (more…)
#LIBOR
Small and large loan teams consolidated into a single department in bid to take advantage of forecasted upturn (more…)
#bank#Bank of America#banks
Dutch bank desire share of burgeoning UK market (more…)
#ABN AMRO#asset based finance#bank
A family-run seafood supplier today announced a refinancing which sees it secure additional funding to support its growth plans. (more…)
#funding#trade#working capital
Celtic Bank has announced that Michael Fiorentino has been appointed Vice President of Asset-Based Lending. (more…)
Report by the Commercial Finance Association reveals an increase in new credit commitments in the third quarter of 2008. (more…)
Textron President and chief executive, Lewis B. Campbell has announced that the the company will downsize Textron Financial and noted it…
#interest#interest rate#interest rates
HSBC Commercial Bank today announced the launch of a specialist asset-based lending proposition and the creation of a dedicated lending…
Bank of America announced it will expand its asset-based lending capabilities to serve smaller middle-market businesses as a result of…
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