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Valley Bank appoints Terry M. Keating to lead ABL

Valley National Bank has announced the appointment of Terry M. Keating as Head of asset-based lending (ABL). In this role, Keating will oversee the continued growth and strategic direction of Valley’s ABL platform, which provides flexible financing solutions for middle-market...

#asset based lending#M. Keating#Valley Bank

CapFlow launches FactorOne spot factoring platform

CapFlow Funding Group (CapFlow) has announced the launch of FactorOne, a new spot-factoring platform designed to provide businesses with faster…

#CapFlow Funding#factoring#FactorOne


BlackRock and lenders pursue recovery in US$500m alleged invoice...

BlackRock’s private-credit division, alongside a group of global lenders, has launched legal proceedings in the United States to recover more…

#BlackRock#fraud#HPS


nFusion Capital delivers US$2m factoring facility to US engineering...

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, announced it has provided a US$2m factoring…

#accounts receivable#capital#factoring


OTR Solutions launches Truly Instant Funding

OTR Solutions, the leader in logistics-focused back-office technology and financial solutions, has announced the launch of Truly Instant Funding, an…

#Cash flow#factoring#freight factoring


Republic Business Credit provides US$5m factoring facility

Republic Business Credit, a national commercial finance company offering working capital financing, provided a US$5m factoring facility to support the…

#asset based lending#Republic Business Credit


Liberis launches its first Buy Now, Pay Later product

Liberis, a leading global embedded finance provider, has announced the US launch of its new Buy Now, Pay Later product,…

#buy now pay later#embedded finance#Kerry Melchior


iFabric Corp secures new $2.5m trade finance facility

iFabric Corp. today announced that it has secured a new $2.5m trade finance facility with Ebury Partners Canada Ltd. (“Ebury’’).…

#Ebury#Hilton Price#iFabric Corp


US receivables financing firm files for Chapter 11 amid...

Carriox Capital II LLC (Carriox), a New York-based receivables-financing company has filed for Chapter 11 bankruptcy protection. Court filings showed…

#Carriox#Chapter 11#fraud


US watchdog seeks independent probe into First Brands bankruptcy

The US government’s bankruptcy watchdog has requested the appointment of an independent examiner to investigate the collapse of auto parts…

#bankrupcy#First Brands


First Citizens Bank to acquire 138 branches from BMO...

First Citizens Bank, the wholly owned banking subsidiary of First Citizens BancShares, Inc., has entered into an agreement to acquire…

#BMO bank#expansion#First citizen bank


Advantex signs up to US$20m receivables finance agreement

Advantex Marketing International Inc. (Advantex) has announced that its wholly owned subsidiary, Advantex Dining Corporation (Advantex Dining), has entered into a…

#Advantex Dining#Advantex Marketing International#receivables finance

nFusion Capital delivers US$3m factoring facility

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, announced the funding of a US$3m factoring…

#accounts receivable#factoring#NFusion Capital

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