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Vantage Bank partners with Unit to boost embedded finance

US-based Vantage Bank announces a new partnership with Unit, a leading financial infrastructure platform, to drive its foray into embedded finance and extend its reach into new markets. The collaboration will enable Vantage Bank to integrate its financial services directly...

#embedded finance#fintech#partnership

CIT Northbridge Credit provides US$45m to MacPherson’s

First Citizens Bank has announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a…

#First Citizens Bank


WSFS Bank expands trade finance activity with two senior...

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (WSFS), is announcing the expansion of its capital markets team with…

#Christian Gil#Michael Burnap#Neil Orechiwsky


IFC and Citi launch US$500m sustainable SCF programme in...

International Finance Corporation (IFC) and Citi have agreed to implement a US$500m facility in Mexico as the first project under…

#ABL#Citi#IFC


SBA to launch 3-Year Working Capital Pilot for SMEs

The U.S. Small Business Administration (SBA) has recognised that its previous working capital line product was ineffective for lenders. Now,…

#asset based lending#SBA#sme finance


Monkey secures US$12m investment from DEG to expand receivables...

Monkey, Latin America's leading fintech for working capital financing, founded by Brazilian entrepreneurs Gustavo Muller, Bruno Oliveira, and Felipe Adorno,…

#accounts receivables finance#fintech#monkey


Transportation leader secures US$20m factoring facility with eCapital

eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…

#asset based lending#commercial finance#eCapital


CIT Commercial Services provides US40m ABL facility to Crown...

CIT Commercial Services, a subsidiary of First Citizens Bank, has provided up to US$48m in financing to Crown Crafts Inc.,…

#ABL#CIT Commercial Services#Crown Crafts


LSQ creates US$3m invoice finance facility for IT staffing...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for…

#accounts receivable#Chris Collins#credit management


REV Capital streamlines market strategy and sells freight factoring...

REV Capital launches a new market strategy focused on providing leading commercial finance solutions across North America, signalling a pivotal…

#Loren Shifrin#Rev Capital


Evolution of the factoring industry in Nicaragua

According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…

#bank#financial services#smes


Bank of America’s CashPro® App surpasses US$500bn in payment...

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…

#API#bank#management

nFusion Capital expands lending capacity with new US$75m line...

nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a…

#commercial finance

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