Category: Factoring/Specialties

‘A Tale of Two Economies:’ Alternative Financing to the Rescue

When Charles Dickens wrote, “It was the best of times, it was the worst of times,” he might as well have been writing about the current economic climate. An era of uncertainty began after the 2008 crisis, and while certain industries have blossomed, many industries continue struggle through these economic changes. Increased bank regulation and the tightening of credit have severely impacted the traditional financing avenues and the borrower’s ability to secure traditional financing.

New Challenges (and Solutions) for Managing Working Capital By Nic Perkin

These days businesses reliant on bank financing may be faced with some major challenges when trying to refinance outstanding debt, finance working capital needs and pursue growth opportunities. This article looks at why some businesses are finding bank financing unattainable, and even undesirable, and why many are turning to alternative financing options.

From Small Shop to Nationwide Player … With Greenfield Acquisition, Gibraltar Business Capital Execs Are ‘In It for the Long Haul’

In two short years Gibraltar Business Capital from a nine-personal small ABL shop to a nationwide player. Armed with a solid strategy, significant equity backing and an expanded credit line, the Northbrook, IL-based company made industry headlines recently when it announced it acquired Greenfield Commercial Credit. For CEO Darren Latimer and COO Scott Winicour, this is just the beginning.

Always in Fashion: CIT Aligns With the LA Fashion Industry, Advocates Promotion of ‘LA Style’

CIT Trade Finance has had an office in Los Angeles for approximately 30 years. While the factoring company serves clients in a broad range of industries, its Los Angeles office is probably most closely aligned with the apparel industry. That’s why, when the Los Angeles Economic Development Corporation was looking for a sponsor of its Los Angeles Area Fashion Industry Profile, CIT seized the opportunity.

The 2012 Factoring Conference: A Diverse Program With Something for Everyone

Surf, sand, sun and subtle sophistication encapsulate what the city of Huntington Beach is all about. With 8.5 miles of pristine beaches, ideal weather, a welcoming attitude and a wide variety of entertainment options, Huntington Beach is the perfect destination for all. And, with 500 factors and other commercial finance professionals convening there, who could ask for more?

What Factors Expect… Great Expectations for 2011

The 2011 IFA Business Profile & Performance Survey was distributed to factoring industry members in January 2011. The purpose of this comprehensive study was to provide factoring industry members with information that could be used to benchmark their own individual performance. ABF Journal reviewed the 150-page report to provide readers with a sampling of the data along with commentary gleaned from the survey.