When CIT Commercial Services became a division of First Citizens Bank three years ago, the merger added a range of financial options — especially with its expertise in factoring. Since then, the ...

Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

NEW YORK — CIT Commercial Services, already the nation’s largest factor, rang in the new year by gobbling up yet another competitor in the consolidating factoring industry. The company, a division of ...

NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, today announced the upsizing of a $10 million factoring facility to a leading worker ...