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Citi has announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (“Foro”), a Charlotte-based commercial lending services provider. As part of the transaction, Citi contributed Bridge to Foro and joined Foro’s investors, including TTV...
#Bridge#SMB lending#SME lending
Feride Bennett joined Rosenthal & Rosenthal (Rosenthal) as Vice President and Business Development Officer... (more…)
#international#international factoring#QNB
Wells Fargo Commercial Banking has announced Bobby Bans as head of Middle Market Asset-Based Lending ... (more…)
#bank#Bank of America#financial services
Wintrust Receivables Finance (WRF) provided a new US$20m account receivable finance line for a ... (more…)
#Wintrust Receivables Finance
Rosenthal & Rosenthal, Inc., a leading factoring, asset-based lending, purchase order financing, d2c ... (more…)
#alternative financing#bank#e-commerce
Surecomp today announced that it is partnering with Pelican AI, a global provider of AI-powered financial crime... (more…)
#compliance#RIVO
Culain Capital Funding LLC (Culain Capital), a specialty finance firm focusing on responsive and efficient funding solutions... (more…)
#Culain Capital Funding#purchase order finance
Republic Business Credit provided US$3m factoring facility to an Alabama-based business specialising in aerial maintenance and oversight for utility and…
#3M#bank#funding
WhiteHawk Capital Partners, LP (WhiteHawk), a private credit investment manager focused on asset-based lending (ABL) solutions... (more…)
#acquisition#channel#investment
Citi, a global leader in foreign exchange (FX) markets, has made a strategic investment in... (more…)
#Rextie
Encina Lender Finance, LLC (ELF) has announced the closing of US$360m of funding commitments from nine banks.Ed Chang, CEO of…
#banks#funding#i
eCapital closed a US$6m confidential factoring agreement with a rapidly growing Paratransit and assisted mobility business.The Virginia-based corporation encountered challenges…
#eCapital#financial institution#funding
IDB Invest, part of the IDB group, is providing another financial support package for Chile’s electrical generators. It is set…
#liquidity