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Americas

Sanctions to companies in Peru who prevent factoring development

The Minister of Production, Bruno Giuffra, said that companies that do not deliver... (more…)

#invoice#regulation#smes

New SVP at Wintrust Commercial Finance

Wintrust Commercial Finance has appointed a new Senior Vice President for its... (more…)

#AIG#commercial finance#financial services


New York company secures US$7 million factoring facility

A New York-based telecommunications construction provider has secured a US$7 million accounts receivable factoring... (more…)

#AR#bank#management


Citizens closes new US$450 million asset-based lending facility

Citizens Commercial Banking has closed a new US$450 million asset-based revolver to support a recapitalisation of... (more…)

#acquisition#bank#investment


Whiskey distiller granted asset-based lending facility

A craft rye whiskey distiller has received a US$25 million asset-based line of credit from... (more…)

#funding#JPMorgan#JPMorgan Chase


Capital Business Credit rebrands

In December last year, Capital Business Credit was acquired by White Oak Global Advisors in an effort to... (more…)

#commercial finance#management#White Oak


Accord Financial release annual results

Accord Financial today released its financial results for the quarter ended March 31, 2017. The financial figures presented in this...…

#Accord Financial#international


ATFA announces new president

The Association of Trade and Forfaiting in the Americas (ATFA) has announced that... (more…)

#bank#conference#international


Trucking company owner sentenced for factoring fraud

An owner of a trucking company was sentenced to more than four years in prison for defrauding a factoring company…

#factoring fraud#receivables


Blockchain invoice and trade finance platform announces new programme

An Ethereum-based invoice and trade finance platform has been launched that uses smart contracts, XBRL data and pegged stable tokens…

#AI#blockchain#invoice


New factoring software tested

A national invoice factoring company announced today that it is testing new software that interacts with... (more…)

#bank#commercial finance#funding


New platform to enhance factoring and reverse factoring established

A B2B network strategy that originated as a payment network behind SAP-Ariba and Tradeshift, amongst others, has failed after... (more…)

#bank#banks#trade

US$7.5 million asset-based revolving line of credit supplied to...

A US$7.5 million asset-based revolving line of credit for a Southeastern-based company engaged in the recycling of used motor oil…

#bank#WHO#working capital

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