First Capital, a specialized commercial finance company, announced that it has provided a $16 million working line of credit to M.M. & R., an apparel distributor. The credit facility is in the form of a factoring agreement and is collateralized by the client’s account receivables and inventory.
NEW YORK & BOCA RATON, Fla.--(BUSINESS WIRE)--First Capital, a specialized commercial finance co...
European Union officials are working on plans to boost bank capital to contain the euro-region’s debt crisis, the International Monetary Fund said, as Moody’s Investors Service warned of deteriorating public finances.
EZENIA!, Inc.  announced that, to address certain working capital requirements, on September 30, 2011 it commenced  a voluntary case under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire.  Today, the Bankruptcy Court authorized the Company to continue to conduct business as usual while it devotes renewed efforts to resolve its ...
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