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Byline: Vicki M. Young Wear Me Joins CIT Factoring Stable Cit Group Inc. Has expanded its factoring relationship with LF USA Inc. to include Wear Me Apparel, which is expected [...]

Byline: Vicki M. Young Trade Financing Company Gets Approval for Factoring in China Trade Financing firm China Export Finance said it has been awarded a factoring license in China and [...]

NEW YORK -- In a consolidating market, which leads to vendors having high levels of sales to just one or two retailers, the pressure on a supplier's business operations can [...]

NEW YORK -- Merger mania is in full swing in the factoring market. The factoring market has been roiled this year by CIT Group's acquisition of Congress Talcott in March [...]

NEW YORK (FNS) -- Intensified competition among major banks for a bigger slice of 'middle market' business has given an edge to apparel and textile companies in the metropolitan area. [...]

NEW YORK (FNS) -- Irwin Feiner dramatically inflated the scope of garment center fraud last week when he pleaded guilty to federal charges in two invoicing schemes totaling $66 million. [...]

NEW YORK (FNS) -- While factors and commercial finance companies have been financing leveraged buyouts for years, they have always been lenders rather than buyers. But Rosenthal & Rosenthal, Inc., [...]

NEW YORK (FNS) -- Congress Financial Corp. and its parent have signed an agreement to acquire James Talcott, Inc., another major factor, from Lloyds & Scottish America Corp., a subsidiary [...]