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Americas

Legacy Corporate Lending provides US$25m ABL facility to 888VoIP

Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006 and headquartered in Orchard Park, New York, 888VoIP is a leading value-added reseller (VAR) and distributor of telecommunications products and...

#ABL#asset based lending#Legacy Corporate Lending

WFY’24: Mexican factoring market is expected to evolve rapidly

In 2023, the Mexican economy experienced robust growth despite a slow recovery after having suffered during the pandemic. Pilar Turanzas,…

#HSBC#Pilar Turanzas#receivables finance


BizCap® secures growth financing for Flavor Insights

BizCap®, a national commercial finance company, has successfully delivered a customised financing solution for its client, Flavor Insights. A flavor…

#BizCap#Chuck Doyle#Michael Pickett


Mesirow acquires asset-backed lender Bastion Management

Mesirow, an independent financial services firm, has acquired Bastion Management (Bastion), an asset-backed specialty finance lender. The acquisition closed on…

#asset based finance#asset based lender#asset-backed finance


ACF provides US$25m working capital facility to Herschel

Ares Commercial Finance (ACF) has provided a US$25m senior secured revolving line of credit to Herschel Supply Co. (Herschel), a…

#Ares Commercial Finance#commercial finance#Herschel


Solifi Announces Dan Corazzi as new CEO, David Hamilton...

Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief…

#fintech#Managerial Appointment#Solifi


Canada proposes new AML regulations for factoring companies

Canada is set to include factoring companies in its anti-money laundering (AML) and anti-terrorist financing (ATF) regime, a significant regulatory…

#AML/CTF#factoring#regulation


NN, Inc. announces new ABL facility

NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…

#ABL#NN#PNC Bank


EQT closes joint venture with BXCI

EQT Corporation (EQT) has announced the conclusion of midstream joint venture (JV) with an affiliate of Blackstone Credit & Insurance…

#asset based lending#Blackstone Credit & Insurance#BXCI


GreenFirst announces the extension of its ABL facility with...

GreenFirst Forest Products Inc. (GreenFirst) has announced the extension of its asset-based lending (ABL) facility with Bank of Montreal. The…

#asset based lending#Bank of Montreal#GreenFirst Forest Products


SFNet posts Q3 ABL survey results

Data from the Secured Finance Network (SFNet) revealed generally mixed results in the asset-based lending market for the third quarter,…

#ABL#asset based lending#Secured Finance Network


Rosenthal hires new senior BDO focused on West Coast

Rosenthal & Rosenthal, Inc. (Rosenthal), a leading private commercial finance firm in the United States, yesterday announced that Dan Chang…

#ABL#Dan Chung#Rosenthal

BizCap® secures growth financing for Safety Network

BizCap®, a commercial finance advisory firm established in 2002, announces it has structured and secured growth financing for Safety Network,…

#BizCap#commercial finance#growth financing

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