When CIT Commercial Services became a division of First Citizens Bank three years ago, the merger added a range of financial options — especially with its expertise in factoring. Since then, the ...

Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT) announced today that its Commercial Services business unit has acquired substantially all of the U.S. factoring assets and liabilities of HSBC ...

A conference themed on developing commercial factoring and financial leasing business opens in the Liangjiang New Area on Jan 27. [Photo/Liangjiang.gov.cn] Since Liangjiang New Area gained the ...

Dec 27 (Reuters) - Elion Energy Co Ltd: * SAYS IT PLANS TO ACQUIRE TIANJIN COMMERCIAL FACTORING FIRM FOR 100 MILLION YUAN ($15.25 million) Source text in Chinese ...