FactoringClub Salutes Top Firms with 2019 Best Factoring Company Awards

FactoringClub recognized 16 factoring companies as winners of their 2019 Best Factoring Company Awards. Over 100 FactoringClub sponsors were evaluated on contract terms, customer service and company leadership.

Allied Affiliated Funding Provides $3.5MM in Transactions

Allied Affiliated Funding, a division of Axiom Bank provided $3.5 million in financing to two customers.

AEC Yield Capital Provides $4MM Cuentas Factoring Facility

Limecom Generated $100M in Revenue in Fiscal 2017

1st Commercial Credit Provides $1.2MM in Factoring to Two Companies

1st Commercial Credit provided more than $1.2 million in accounts receivable factoring for two medical device companies.

AG Adriano Goldschmied, Big Star Select CIT as Sole Factor

CIT Commercial Services was selected as the sole provider of factoring services to AG Adriano Goldschmied and its affiliate, Big Star. Both firms are either owned by or affiliated with Koos Manufacturing, a Los Angeles-based producer of high-end jeans.

MergerMarket Report: U.S. M&A Activity Tops Out at $1.5T in 2016

MergerMarket released its Global M&A roundup for 2016 and concluded that M&A activity continued, undampened by political uncertainty, finishing the year at $1.5 trillion.

JPMorgan Hires Managing Director, Financial Sponsor Group

Bloomberg reported JPMorgan Chase hired David Gill from advisor firm Three Ocean Partners to advise mid-market private-equity firms on investments.

CapitalPlus Provides $4MM Factoring Facility to CA-Based Contractor

CapitalPlus Equity provided a $4.0 million revolving factoring facility to a general contractor in California.

Tetra Provides $300,000 in Transportation Factoring

Tetra Capital recently provided factoring facilities for 10 new transportation companies, the transactions total $300,000.

J D Factors Closes Seven Factoring Facilities

J D Factors recently closed seven factoring facilities totaling $850,000.