News
YRC Worldwide finalizes credit amendment, renews securitization facility
...finalized an amendment with its lenders early and renewed its asset-backed securitization facility two months before its maturity. In a release after the market......
NovaStar completes $1.2B securitization
...and NovaStar Mortgage Inc., have completed a $1.2 billion asset-backed securitization. Greenwich Capital underwrote the securitization of non-conforming mortgage assets, which closed......
Short-term financing available to businesses via factoring
...into Factors Southwest, a Scottsdale-based firm that uses a method called factoring to lend money based on a company's receivables. "We are looking......
Phoenix Business Journal by Lynn Ducey on December 1, 2008
Top Stories
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Factoring firms gaining ground as credit contracts
...sector of the financial market is stepping forward to fill the void. Factoring company owners say they have seen an increase in customers in the......
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Factoring is a financial tool for growing companies
...Some growing companies short of cash find factoring - selling their accounts receivable - is a way to meet payrolls and keep......
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Factoring sector picks up as credit climate tightens
...traditional banks enforcing tightened credit standards, the opportunities are wide open for factoring companies to step in and fill the lending gap. Factoring industry experts......
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With credit tighter, more small businesses turn to factoring
...such as Aerofund Financial Inc. in San Jose. Aerofund is in the factoring business, where company owners hand over their outstanding invoices in exchange for......