News
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PRESS RELEASE
Financing Your Business
This press release delves into the distinctions between Recourse and Non-Recourse Factoring for business owners who use invoice factoring to improve cash flow and seek protection in case a customer fails to pay. It discusses the types of recourse, their implications on funding availability, credit limits, costs, and accounting considerations, emphasizing the strategic decision-making process. The press release highlights the growing popularity of invoice factoring in 2024 and recommends considering Non-Recourse for added protection amid predictions of increased business bankruptcies. Gateway Commercial Finance, LLC offers both Recourse and Non-Recourse factoring services to U.S. businesses. -
PRESS RELEASE
Gateway Commercial Finance, LLC, an Invoice Factoring Company, Extends an $800K Debtor in Possession (DIP) Invoice Factoring Facility
Gateway Commercial Finance, LLC recently assisted a long-standing Midwest Distributor with an $800K Debtor in Possession (DIP) factoring arrangement, providing essential day-to-day working capital. The distributor, facing revenue drop due to Covid-19 and high-interest loans, filed for Chapter 11 Bankruptcy and partnered with Gateway to secure the facility, leading to financial stability within 19 days. For further details, contact Managing Director Marc J. Marin at 561-424-2940 or marc.marin@gatewaycfs.com. -
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LaMar’s Donuts Celebrates National Donut Day 2024
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abrdn U.S. Closed-End Funds Announce Distribution Payment Details
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abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund
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Electric Royalties Announces Interest Conversion Under Convertible Credit Facility
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Pfister Faucets' American Plumber Stories Docuseries Wins Three Telly Awards
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EQS-Adhoc: Vectron Systems AG: Vectron enters into Business Combination Agreement, resolves 10% capital increase without subscription rights of the shareholders and supports voluntary public acqusition offer
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CPI PROPERTY GROUP publishes financial results for the first quarter of 2024
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Leclanché SA: Publishes its Annual Report 2023 and Non-financial ESG Report
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Spexis receives second extension for the publication of its 2023 annual report until July 31, 2024, releasing its unaudited financial statements and providing an update on its dispute with SPRIM.
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Molten Ventures Plc: HOL-Holding(s) in Company
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ACCOR - Description of own share buyback programme
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ACCOR - Press release following the 2024 general meeting
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Capital increase through exercise of subscription rights
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NFL BIOSCIENCES: RESULTS OF THE COMBINED GENERAL MEETING OF MAY 30, 2024
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Thales has completed the sale of its Ground Transportation Systems business