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GE Commercial Finance Corporate Lending today announced it provided a US$197m asset-based credit facility to Steve Barry's, a national apparel and accessories retailer. (more…)
#capital requirements#commercial finance#working capital
London Scottish Bank said yesterday it was getting out of the lending business to concentrate on debt collection. (more…)
Martin Fagan evaluates the US asset based lending market and contrasts it with the UK domestic market. Is there an…
#bank#commercial finance#invoice
The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…
#bank#credit reports#receivables
The Land Bank of the Philippines said lending to its priority clients hit a record last year. (more…)
Santander increased lending in Brazil 16.6% to reais 43.7bn (US$24.6bn) at end-2007 compared to the same time in 2006. (more…)
#bank#commercial lending#interest
GE Commercial Finance Corporate Lending has announced it led a US$265m cash flow credit facility for EaglePicher Corporation. (more…)
#cash-flow#commercial finance#management
Squire, Sanders Dempsey has advised Landsbanki Commercial on its provision of a 25m credit facility to Cheval Finance Limited. (more…)
#asset-based lender#banks#commercial finance
On the heels of their Q4 acquisition of TPG Commercial Finance, Crestmark Bank announces their second recent acquisition. (more…)
#acquisition#bank#commercial finance
GE Commercial Finance Corporate Lending today announced it provided a $115 million asset-based credit facility to support the acquisition of…
#acquisition#commercial finance#liquidity
Merrill Lynch Co Inc, buffeted by huge write-downs of mortgage-related securities, recently said it would sell most of its middle-market…
According to EBRD, the European Bank for Reconstruction and Development has provided loans to two more private Belarusian banks. (more…)
Sovereign Bank has announced the opening of its Asset Based Lending Group regional office in Chicago. (more…)