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RBB Bancorp announces termination of agreement to acquire Gateway...

RBB Bancorp announced that, effective September 28, 2023, Gateway Bank, F.S.B. announced that it and RBB Bancorp have mutually agreed to terminate the definitive agreement originally entered into on December 28, 2021.Neither party has or will have any liability or pay...

#RBB Bancorp

Brazilian Central Bank recognises trade credit insurance as a...

Trade credit insurance is globally recognised by banks as an important risk mitigator, especially in Europe where we find the…

#João Costa Pereira#trade credit insurance


Cautious optimism expressed in SFNet Survey

Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft... (more…)

#Asset-Based Lending Index#SFNet


Umpqua Bank 2023 publishes the results from Business Barometer

Umpqua Bank, a subsidiary of Columbia Banking System Inc., today announced the findings of its 6th annual... (more…)

#Umpqua Bank


RBC chooses Kyriba solution to expand SCF offerings for...

Kyriba, a global leader of cloud-based finance solutions announced that the company will be working on providing its platform solutions...…

#Royal Bank of Canada#supply chain finance#working capital


Oxford Commercial Finance launches purchase order financing

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank (the Company), has expanded its line of flexible working capital solutions…

#cash flow solutions#FDIC#Oxford Bank


Truist partners with Standard Chartered to strengthen trade finance...

Standard Chartered Americas today announced that it has entered a trade finance partnership with Truist Bank that will enhance Truist…

#bank#emerging markets#exporters


Surecomp’s RIVO™ collaboratively processes electronic Bill of Lading for...

Surecomp has announced that its RIVO™ solution is enabling unified electronic... (more…)

#ETDA#letter of Credit#MAN


Citi sells Bridge SMB lending platform to Foro

Citi has announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (“Foro”), a Charlotte-based…

#Bridge#SMB lending#SME lending


Feride Bennett joins Rosenthal as VP, Business Development Officer...

Feride Bennett joined Rosenthal & Rosenthal (Rosenthal) as Vice President and Business Development Officer... (more…)

#international#international factoring#QNB


Wells Fargo Commercial Banking names Bans head of Middle...

Wells Fargo Commercial Banking has announced Bobby Bans as head of Middle Market Asset-Based Lending ... (more…)

#bank#Bank of America#financial services


WRF signs US20m A/R finance line for staffing company

Wintrust Receivables Finance (WRF) provided a new US$20m account receivable finance line for a ... (more…)

#Wintrust Receivables Finance

Rosenthal closes US$25m recourse factoring facility for pharmaceutical company

Rosenthal & Rosenthal, Inc., a leading factoring, asset-based lending, purchase order financing, d2c ... (more…)

#alternative financing#bank#e-commerce

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