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Tyco Capital to Return to CIT Brand

As part of its initiative to prepare for independence, Tyco Capital Corporation, the financial services subsidiary of Tyco International Ltd., announced that it is to revert to using the CIT brand name. The Tyco Capital family of companies are subsidiaries...

#bank#CIT#commercial finance

WSA Secure Tyco Capital as a Client

William Stucky and Associates, Incorporated, the US-based provider of Internet services for the asset-based lending industry who market themselves as…


Bay View Capital Corporation Figures Release Q4 Figures

The diversified financial services company Bay View Capital Corporation has announced results for the fourth quarter of 2001. They included…

#financial services


Tyco Capital Reports Q4 Drop in Factoring Commissions

Tyco Capital Corporation (formerly the CIT Group, of which CIT Commercial Services, the USA’s largest factoring company in by factored…


KBK Capital Corporation Exceeds Goals for Factoring in 2001

KBK Capital Corporation, which provides financing for middle-market businesses, today reported its operating results for the quarter and year ended…


SunTrust Receivables Capital Management Opens Office

SunTrust Banks, Inc. today announced that its Receivables Capital Management unit, formerly known as SunTrust Bank Factoring, has opened a…


Hansabanka to Increase Share Capital

It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…


CIT Renamed Tyco Capital

Tyco International Ltd. announced that its financial services group, CIT, which includes CIT Commercial Services, the largest factoring company in…


LG Capital to change name to LG Card

LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…


Factofrance Heller Bought by GE Capital

The leading French factoring specialist, Factofrance Heller, has become part of GE Capital, the financial arm of General Electric, following…


Leading Cypriot Factor Bank of Cyprus Raises Capital on...

In January 2001 Greece will join the euro-zone and the Athens stock exchange will begin to develop and move away…

#bank#Bank of Cyprus


KBK Capital Corporation Records Sharp Growth in Net Income

KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…

#banks#CIT#economy

UPS Capital Europe Grows

UPS Capital Europe are set to grow and have announced the appointment of a new Sales & Marketing Manager, Guy…

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