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Archive for July, 2007

Cash in hand – Economic Times

July 25th, 2007 No comments

Cash in handEconomic Times, India - Jul 23, 2007This makes factoring a perfect fit for SMEs,” says Rajiv Ranjan, COO, SBI Factors & Commercial Services. While SBI has been a pioneer in this area, …

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Sterling National Bank Offers Low Rate, Quick Turnaround Loans to … – CNNMoney.com

July 25th, 2007 No comments

Sterling National Bank Offers Low Rate, Quick Turnaround Loans to …CNNMoney.com - 11 hours ago… commercial and residential mortgage lending and brokerage, asset-based financing, factoring and accounts receivable management, trade financing, …

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Columbia Bancorp Reports Stabilization of Net Interest Margin in … – CNNMoney.com

July 25th, 2007 No comments

Columbia Bancorp Reports Stabilization of Net Interest Margin in …CNNMoney.com - 43 minutes ago"Currently I don't see our losses growing tremendously higher than what they are right now; but we are factoring historic trends into our planning for the …

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CIT Completes Acquisition of Edgeview Partners – Carolina Newswire (press release)

July 25th, 2007 No comments

CIT Completes Acquisition of Edgeview PartnersCarolina Newswire (press release), NC - Jul 23, 2007CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in cash flow lending, vendor financing, factoring, equipment and …

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CIT Group Slips To Loss In Q2 On Home Lending Exit Charge; Cuts H2 … – Trading Markets

July 23rd, 2007 No comments

CIT Group Slips To Loss In Q2 On Home Lending Exit Charge; Cuts H2 …Trading Markets, CA - Jul 18, 2007Total new business volume in the Commercial Finance Group, excluding factoring, rose to $4.98 billion from $4.44 billion last year. In the Specialty Finance …

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Bridge Capital Holdings Reports Financial Results for the Second … – CNNMoney.com

July 21st, 2007 No comments

Bridge Capital Holdings Reports Financial Results for the Second …CNNMoney.com - Jul 19, 2007The economic recovery in Silicon Valley economy is driving commercial and technology based business development as well as an improving commercial real …

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Purchase Order Financing – The China Advantage – Best Syndication

July 21st, 2007 No comments

Best SyndicationPurchase Order Financing – The China AdvantageBest Syndication, CA - Jul 19, 2007Accounts receivable financing, or factoring, is the back end financing that guarantees payment to all concerned. The expertise of the commercial finance …

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Platinum Funding Group Opens New Office in Atlanta, Appoints Dina … – PR Web (press release)

July 21st, 2007 No comments

Platinum Funding Group Opens New Office in Atlanta, Appoints Dina …PR Web (press release), WA - Jul 18, 2007"The new Atlanta office is a sign of Platinum's strategic growth in the factoring industry," remarked Einat Steklov, President of Platinum Funding Solutions …

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Alternative Construction Company, Inc. Announces Second Quarter … – CNNMoney.com

July 19th, 2007 No comments

Alternative Construction Company, Inc. Announces Second Quarter …CNNMoney.com - Jul 17, 2007"During the six months June 30, 2007, the Company incurred high interest costs on its debt instruments and substantial factoring fees on its accounts …

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Alternative Construction Company Completes Financing – PR Newswire (press release)

July 19th, 2007 No comments

Alternative Construction Company Completes FinancingPR Newswire (press release), NY - Jul 9, 2007Michael Hawkins, the Chief Executive Officer stated, "At 4% per month, the cost of factoring was a direct hit to our income statement totaling over $617156 …

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