April 2009
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CALENDAR OF EVENTS
TMA Texas Regional Conference
April 15-17, 2009
Frisco, TX

TMA Chicago 2009 Spring Conference
April 28-30, 2009 Chicago, IL

IFA 2009 Factoring Conference
April 22-25, 2009 Orlando, FL

ABF Journal & NYIC’s Education & Networking Conference
April 16, 2009
Villanova, PA

REAL-TIME NEWS
FT.com
Don’t forget to check out our website which offers you a real-time feed from The Financial Times with articles focusing on the world economy and foreign trade!
 
DEALS
ABF Journal ABL Deal Chart: Click Here

Commercial Finance Industry Association Lending Transaction Summary: Click here

 
PEOPLE MOVES

SD Retail Consulting: David Marcus and Ilene Klein have been announced as Retail Consulting Services Leaders to further strengthen the company’s Canadian practice.

Bibby Transportation Finance: Richard Abernathy has been appointed to VP of Sales in the Nashville office.

PNC Bank: Kenneth S. Pardue has been appointed Sr. VP, responsible for business development, based in Chicago.

Presidential Financial: Steve Brown has been hired as Sr. VP, Business Development Officer.

Capital One Leverage Finance Corp.: Anthony DiChiara has joined as a Sr. VP of Business Development, based in Chicago.

Star Funding, Inc.: Howard R. Moore has joined the company as Executive VP.

Summit Financial Resources: Mike Butterly and Steve Lewis have joined the firm, both in the role of VP, Business Development.

Crestmark Transportation Services:  Michael Sabbath has been added as VP Business Development, who will be based out of Illinois.

 

 

 

 

 

 

 

 

 

Is It Back to the Fifties?
— Financial Times

"There’s no such thing as a risk you get paid for taking. The point about risk is that you don't know if you’re going to be paid." Deborah Brewster finds Americans who are in retreat from stocks - and even in denial about their losses.
Full Story
Approaching Market Risk
— BCR Factorscan
John Shulman, Commercial Director of Coface in the UK and Ireland, provides Factorscan with his views on the best means of protecting against market risk in an increasingly uncertain environment, examining the situation faced by both factors and credit insurers.
Full Story
Don’t Let Small Leaks Sink Your Small Business
— Don Dobesh
Even businesses with relatively small staffs can implement a few practices that will greatly reduce the likelihood that they will be a victim of fraud. Don Dobesh lists 6 easy steps of prevention.
Full Story
CFA Latest
— Business Money
Asset-based lenders continue to fill the void for businesses in need of capital in the US.
Full Story

In The News

Firms suggest credit crunch maybe becoming less severe

A look at economic developments around the globe

British business forced to abandon the banks

Meltdown 101: What are toxic assets?

Businesses given more time to pay business rates

Beyond traditional finance

Bank reveals lending to small business customers increased significantly in 2008

Libor Table
  52-Week
Libor
Prime Rates Table
  52-Week
Prime
WorldWatch Fx Table

This is a snapshot of a recent WorldWatch FX Table. For up to the minute foreign exchange rates, please click here.

FX




 
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Some of our solutions and services include foreign receivable financing, asset based lending for greater availability, credit protection to minimize risk and foreign exchange services to expedite payments.

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