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News Stories (8 Results) - Factoring News

North Mill Capital closed a $15,000,000 Accounts Receivable Factoring Facility to provider of oral and personal hygiene products.The funds were used to pay off the previous lender and provide additional working capital to support the Company's growth... Read Story

April 27, 2020, 09:05 AM

Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $15,000,000 to Baron Finance California Inc. The credit facilities will provide financing for working capital for the company going forward.Founded... Read Story

November 06, 2019, 08:50 AM

Hana Commercial Finance, Inc., the factoring and trade finance subsidiary of Hana Financial, Inc., announced that it has closed a new factoring credit facility through the issuance of $100 million of Series 2019-1 Factoring Contract Backed Notes. The... Read Story

June 03, 2019, 08:50 AM

Rosenthal & Rosenthal, Inc., an independent factoring, asset based lending and purchase order financing firm, announced the completion of a deal to acquire the domestic factoring portfolio of BB&T Corporation, one of the largest financial services... Read Story

January 31, 2018, 07:43 AM

First Capital has entered into a factoring agreement with YS Garments, Inc., dba Next Level Apparel. First Capital will be providing collections and credit guarantee services for YS Garments. First Capital was chosen as the factor due to its ability... Read Story

October 30, 2013, 07:21 AM

Hennessey Capital, a division of Hitachi Capital America Corp., announces the launch of its new FactorFinance product. The program provides factoring companies access to working capital lines of credit and ancillary credit support services.Mike... Read Story

April 17, 2013, 08:00 AM

Caught in a cash squeeze, emerging media companies are borrowing against their receivables to gain working capital. CFO staff writer David Rosenbaum outlines one media company’s odyssey in securing financing to expand its business. Rosenbaum... Read Story

February 25, 2013, 07:37 AM

First Business Financial Services announced that through its asset-based lending company, First Business Capital, it has entered the factoring business with the hiring of a team of three experienced factoring professionals. The business will operate... Read Story

November 16, 2012, 06:52 AM