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S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main responsibilities with the S&T Bank will be to support the development of the asset-based lending portfolio and the outgoing sales....

#bank#Bank of America#financial services

WFY’23: 2022 marks the end of Covid-19 factoring era...

The year 2022 marks the end of the Covid-19 factoring era for the Canadian market, said Loren Shifrin, CEO, REV Capital, Canada in his article included…

#Rev Capital#World Factoring Yearbook


Valley Bank closes US$130m asset-based revolving credit for Access...

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announces the closing of a $130 million senior revolving…

#Access Capital#Terry Keating


Credix raises a US$60m credit facility with a US$3bn...

Credix, a leading platform that provides financing to small businesses and consumer loan portfolios in Latin America, today announced that…

#blockchain#platforms#receivables


Altriarch Specialty Finance Fund provided US$43.5m to US factoring...

Altriarch Specialty Finance Fund, LP (Altriarch), a leading private credit manager based in Charleston, South Carolina, recently provided US$43.5m in committed…

#financial services#interest rates#management


Hampton Financial Corporation to acquire Oxigen Working Capital Corp.

Hampton Financial Corporation (Hampton) announced that it has entered into a non-binding letter of intent, dated as of October 31, 2023... (more…)

#commercial lending#financial services#management


WFY23: ‘Chilean factoring turnover represents around 14 per cent...

After a significant setback and a decrease in both funds outstanding and volume that marked the Chilean factoring industry in…

#bank#exports#international


Ares Commercial Finance makes new senior appointment

Ares Commercial Finance nominated Lindsay Gray as Managing Director of ... (more…)

#Ares Commercial Finance#commercial finance


Ebury’s acquisition of Bexs Group approved by Central Bank...

Ebury, the global financial technology company, announces that the Central Bank of Brazil has approved its acquisition of Bexs Group – including…

#Ebury#International Trade


Express Capital Funding launches new working capital finance solution

Express Capital Funding Inc., a tier one lender based in Anaheim Hills, CA, has announced the launch of its tailored…

#SME lending#working capital


Small business banking customer satisfaction surges as digital and...

Small business owners are more optimistic about the future than they were a year ago, with slightly more than half…

#AI#artificial intelligence#bank


Umpqua Bank survey: Security of payments systems top of...

Umpqua Bank, a subsidiary of Columbia Banking System Inc. today announced the findings of its 6th annual Business Barometer ― an…

#digitalisation#digitisation#Umpqua Bank

Acres SAFI launches Factoring Fast Capital

Acres SAFI, a Peruvian investment fund, launched Factoring Fast Capital, increasing in this way the invoice finance’s offer for micro and…

#investment#invoice#securitisation

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