07/06/11: Western Union, MerchantCashinAdvance.com, Signature Bank

Western Union to Acquire Travelex Global Business Payments

http://bit.ly/pHVRjl

Western Union has announced it has signed an agreement with Travelex Holdings Limited to acquire the Travelex Global Business Payments division, a leading specialist provider of international business payments, for £606 million in cash.

Travelex Global Business Payments (TGBP) conducts business payments annually for 35,000 customers in 14 countries. The division provides international payments services to business clients, namely small and medium-sized enterprises (SME’s), corporations, and third party distribution partners including over 500 financial institutions.

MerchantCashinAdvance.com Sees a Big Increase in Merchant Cash Advances for Businesses Taking Visa & Mastercard Transactions

http://bit.ly/qDECB1

According to MerchantCashinAdvance.com, businesses in need of fast capital have turned to merchant cash advances in huge numbers for 2011.
These merchant cash advances are similar to unsecured loans. However, many unsecured loans provided by the finance companies attract high interest rates. But, these merchant cash advances are absolutely interest free. There is absolutely no need of the collateral and there are no monthly installments to be repaid.

Signature Bank Announces Public Offering

http://bit.ly/in2Nwc

The offering is subject to market conditions and other factors. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any State in which any such offer, solicitation or sale would be unlawful. The common stock offering may be made only by means of an offering circular, copies of which may be obtained by contacting BofA Merrill Lynch, 4 World Financial Center, New York, New York 10080, attention: Prospectus Department, or e-mail dg.prospectus_requests@baml.com. The securities are not deposits and are neither insured nor approved by the FDIC. The securities are being offered pursuant to an exemption from registration under the Securities Act of 1933 provided by Section 3(a)(2) of such Act.