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On May 27, 2025, 1st Commercial Credit introduced its new Ledger Lines programme, a revolving credit solution offering up to US$20m in funding, designed specifically for high-growth businesses with substantial receivables. This innovative program aims to serve companies that have...
#1st Commercial Credit#asset based lending#factoring
Amerisource Business Capital has successfully closed and funded a US$30m asset-based lending (ABL) facility for a Southwest-based company that specialises…
#Amerisource Business Capital#asset based lending#energy infrastructure
Blooms, a Wilmington-based fintech startup, has raised US$2.6m in a seed funding round to fuel its technology development and regional…
#AI#Blooms#cross-border trade
IDB Invest provided an up to US$50m financial package to Laki and its subsidiaries to increase access to short-term financing…
#IDB Invest#Laki#supply chain finance
Transflo today announced that Apex Capital Corp (“Apex”), a leading global provider of freight factoring services, has joined the Transflo…
#Apex Capital Corp#Renee Krug#Transflo
In a significant step toward simplifying asset-based lending operations, Finley has announced a major enhancement to its Monthly Servicer Reporting…
#asset based lending#Finley
FactorGenie, a provider of advanced add-on software for the freight factoring sector, has formed a strategic partnership with Farelanes, a…
#FactorGenie#factoring#Farelanes
Trinity Capital Inc., an alternative finance provider, has committed US$15m in growth capital to Lendflow, a software company headquartered in…
#AI#Brendan Carr#Lendflow
DAT Freight & Analytics (DAT) has acquired Outgo Inc. (Outgo), adding fast, transparent payments to the industry’s largest freight marketplace.…
#automates invoice#Cash flow#DAT
White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, announced it has provided a US$125m asset-based revolving…
#Tom Otte#White Oak#White Oak Commercial Finance
TAB Bank has structured a US$3m factoring line of credit for CNC Precision Machine Inc. to enhance the company’s cash…
#CNC Precision Machine#factoring#Marc Karyo
Pyxus International, Inc. (Pyxus), a global value-added agricultural company, has announced the amendment of its asset-based lending (ABL) credit facility…
#ABL facility#asset based lending#PNC Bank
The SAF Group, a prominent alternative capital provider based in Canada, has announced a significant development in its business strategy:…
#asset based finance#Nur Khan#Ryan Dunfield