Wells Fargo Capital Finance announced its Retail Finance team underwrote, together with the other arrangers, a $1.65 billion senior secured, asset-based revolving credit facility for U.S. grocery chain SUPERVALU. read more
AUG 31, 2012 - 7:25 am
First Capital said it provided a $12.75 million asset-based lending facility to California TrusFrame, a manufacturer of engineered and prefabricated roof-truss, floor truss and wall panels. read more
AUG 30, 2012 - 7:10 am
The Alliance of M&A Advisors and The CFO Alliance announced a new business affiliation to better drive the individual and corporate performance of middle market companies. read more
AUG 29, 2012 - 7:15 am
Bloomberg said the global investigation into the manipulation of LIBOR needs to go further noting that if the problem lasted a few years, the shortfall could be close to $1 trillion. read more
AUG 28, 2012 - 7:30 am
The Fed said it is considering delaying until September 2013 the implementation of company-run stress tests required by Dodd-Frank of bank holding companies, state member banks and savings and loan holding companies with between $10 billion and $50 billion in total consolidated assets. read more
AUG 28, 2012 - 7:00 am
Bloomberg noted in an article on the LIBOR scandal that every two months representatives from the world's largest banks meet to review the LIBOR. However, who sits on the BBA's committees that govern the benchmark rate is a secret. read more
AUG 23, 2012 - 7:00 am
Equipment finance provider Wallwork Financial announced it has selected Seritus-CoS from Seritus Solutions as its credit origination and CRM software provider. read more
AUG 22, 2012 - 1:40 pm
The Wall Street Journal reported that Lee Raymond, the "brusque" former chairman and CEO of Exxon Mobil, has been named by the board of directors to head a committee investigating the bank's trading blunder. read more
AUG 20, 2012 - 7:35 am
Point.360, a provider of integrated media management services, said it has entered into financing agreements with Bank of the West that includes a $1.25 million equipment lease facility and a two-year $5 million revolving credit facility. read more
AUG 20, 2012 - 7:15 am
Bloomberg notes in a news post that the gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasuries since 2010. read more
AUG 20, 2012 - 7:00 am
According to a Fortune article authored by Sheila Bair, it wasn't until an alert enforcement attorney at the Commodity Futures Trading Commission, which had no apparent jurisdiction, led an investigation that unearthed the LIBOR scandal. read more
AUG 17, 2012 - 7:35 am
The Monitor has released its Bank 40 issue, an annual ranking of the top bank-affiliated equipment leasing and finance companies in the U.S. We're pleased to report that 2011 proved to be historic in terms of new business volume. read more
AUG 17, 2012 - 7:15 am
According to MarketWatch, GE Capital plans to roll out Salesforce Communities, a new online service that will allow GE to reach out and interact with middle-market customers worldwide. read more
AUG 16, 2012 - 7:30 am
According to its latest Small Business Borrowers Poll, the NY Fed said 63% of businesses that applied for financing received credit, but not always for the full amount requested. read more
AUG 15, 2012 - 7:05 am
GFC Leasing, a division of the Gordon Flesch Company, an independent provider of office equipment solutions, has gone live with LeaseWave lease management software by Odessa Technologies. read more
AUG 14, 2012 - 7:05 am