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Investment

K-COP announces planned conversion to KKR ABF Fund

KKR Credit Opportunities Portfolio (K-COP) has announced plans to convert to the KKR Asset-Based Finance Fund (K-ABF), with an investment…


digitalisation

HNB launches digital trade finance platform in Sri Lanka

HNB PLC, Sri Lanka’s top private retail bank, has launched TxB TradeX, a next-generation digital trade finance platform, in partnership…


WOCF hires new Managing Director, Originations

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced the hiring of Brendan Harrison…


CredAble accelerates global expansion with appointment of new Board Advisor…

CredAble, India’s largest working capital technology platform, announces the appointment of Andrew Betts in a new role as Board Advisor…


Access Capital funds Shirley Parsons with US$2.5m ABL facility

Access Capital has extended a US$2.5m asset-based lending (ABL) solution, a revolving credit facility to Shirley Parsons, Inc., incorporating an…


Ultimate Finance increases maximum working capital facility size to £10m

Asset-based lender Ultimate Finance is today announcing an increase to its maximum invoice finance facility size from £7m to £10m…


Sullivan & Worcester promotes Daniela Barrdear to Partner in London

International law firm Sullivan & Worcester (Sullivan) has announced the promotion of Daniela Barrdear (pictured) to partner in its Trade…


New rules on e-invoices take effect on June 1, 2025…

The Ministry of Finance of Vietnam has issued Circular 32/2025/TT-BTC to guide the implementation of Decree 70/2025/ND-CP, which amends Decree…


BlackSoil India doubles SCF business in 2025 FY

In the financial year (FY) 2025, BlackSoil, an alternative credit platform, witnessed a remarkable surge in its supply chain finance…


Mandula Moments: Impact of trade wars and tariffs on SMEs…

Continuation from Part 1 Market and Competitive Impacts Tariffs often can alter the competitive landscape for SMEs in both domestic…


NBB launches digital SCF solution

The National Bank of Bahrain (NBB) has introduced a fully digital supply chain finance (SCF) solution, aimed at enhancing liquidity…


UK-Vietnam fintech collaboration aims to bridge US$90bn trade finance gap

In a concerted effort to narrow Vietnam’s staggering US$90bn trade finance gap, the United Kingdom is backing a national trade…


ACF and Ansley Park provide ABL facility to Shimmick Corporation

Ares Commercial Finance (ACF) recently announced that it has provided a US$15m senior secured revolving line of credit to Shimmick…


VOX Funding secures US$150m credit facility from Raven Capital

VOX Funding, a leading provider of financing options for US businesses, has announced closing a US$150m credit facility with Raven…


First Business Bank’s ABL team signs US$11.4m credit facility

First Business Bank’s Asset-Based Lending (ABL) team, operating through its subsidiary First Business Specialty Finance, has successfully closed and funded…


IFC and FirstRand Bank to boost access to finance for…

To make loans more accessible and affordable for small and medium enterprises (SMEs), IFC has set up a risk-sharing facility…


Clara Capital surpasses US$300m in SME finance

Clara Capital has reached a significant milestone in its mission to provide alternative financing solutions for small and medium-sized businesses…


Tradewind Finance celebrates 25 years of business

Tradewind Finance, an international trade finance provider, is celebrating its 25th anniversary this year. This milestone commemorates twenty-five years of…


1st Commercial Credit unveils US$20m ledger lines programme to bridge…

On May 27, 2025, 1st Commercial Credit introduced its new Ledger Lines programme, a revolving credit solution offering up to…


Amerisource Business Capital delivers US$30m ABL facility

Amerisource Business Capital has successfully closed and funded a US$30m asset-based lending (ABL) facility for a Southwest-based company that specialises…


Daniel Johnson joins BFS as Strategic IT Director

SME financier, Bibby Financial Services (BFS) has appointed Daniel Johnson (pictured) as Strategic IT Director as part of its growth…


ITFC inks US$2.6bn deals at IsDB Group Annual Meetings

The International Islamic Trade Finance Corporation (ITFC) concluded its participation at the 2025 IsDB Group Annual Meetings in Algiers with…


Finceptive secures NGN 3bn via commercial paper issuance

Finceptive Limited (Finceptive), a Nigerian a specialised working capital provider, has successfully raised NGN 3bn (US$1.9m) through its inaugural commercial…


EDB and RAKBANK unveil landmark AED 1bn MSME fund

In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced…


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