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Americas

CIT Commercial Services provides US40m ABL facility to Crown...

CIT Commercial Services, a subsidiary of First Citizens Bank, has provided up to US$48m in financing to Crown Crafts Inc., one of America's largest producers of infant bedding, toddler bedding, bibs, toys and disposable products. The facility, which included a...

#ABL#CIT Commercial Services#Crown Crafts

LSQ creates US$3m invoice finance facility for IT staffing...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for…

#accounts receivable#Chris Collins#credit management


REV Capital streamlines market strategy and sells freight factoring...

REV Capital launches a new market strategy focused on providing leading commercial finance solutions across North America, signalling a pivotal…

#Loren Shifrin#Rev Capital


Evolution of the factoring industry in Nicaragua

According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…

#bank#financial services#smes


Bank of America’s CashPro® App surpasses US$500bn in payment...

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…

#API#bank#management


nFusion Capital expands lending capacity with new US$75m line...

nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a…

#commercial finance


Trinseo announces US$150m new receivables financing facility from KKR

Trinseo PLC (Trinseo), a specialty material solutions provider, recently announced that a special purpose finance entity, Styron Receivables Funding Designated Activity…

#KKR


U.S. Bank launches accounts receivable finance platform

U.S. Bank has introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and…

#accounts payable#AR#bank


Tradewind Finance expands footprint in Mexico with two new...

Tradewind Finance, an international trade finance firm specialising in cash flow solutions that enable business growth and seamless cross-border trade,…

#bank#exporters#International Trade


Kawasaki Motors Finance Corporation extends partnership with Solifi in...

Solifi, a global fintech software partner for secured finance, announced that Canadian Kawasaki Motors Finance Corporation (CKMFC) has successfully migrated…

#Bill Noel#working capital


FIS partners with Lendio to launch SMB digital lending...

FIS, a leading provider of payment, banking, and investment systems, has partnered with online lending marketplace Lendio to introduce the…

#digital#machine learning#small business


Transend Partners with Midland States Bank to revolutionize B2B...

Transend, a B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced…

#working capital

Blue Owl acquires Atalaya Capital Management in US$450m deal

Alternative asset manager Blue Owl has acquired Atalaya Capital Management for US$450 million, aiming to bolster its alternative credit and…

#acquisition#asset manager#commercial finance

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