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First Union, eCredit.com form financing deal

Published on .

Charlotte, N.C.-based First Union Corp. and eCredit.com have signed a financing deal through which the bank will provide financing services to business customers on eCredit.com's Global Financing Network. The deal is important because it will allow businesses to close transactions online, at the point of sale. A lack of such financing technologies has hindered some b-to-b networks.
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