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The International Finance Corporation (IFC), a member of the World Bank Group, has approved an investment in Compartamos Banco to expand access to credit for micro and small enterprises (MSEs) in Peru, with a particular focus on women-owned businesses. The...
#sme finance
Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, has appointed Chris Shelton as Senior Vice President…
#factoring
The US Small Business Administration (SBA) has announced that its 7(a) Working Capital Pilot (WCP) Programme has facilitated more than…
#asset based lending
eCapital, a technology-enabled specialty finance provider serving small and medium-sized businesses across North America and the United Kingdom, has structured…
Milestone Bank has launched a new asset-based lending (ABL) division, broadening its suite of credit solutions for small and mid-sized…
TAB Bank has closed a US$2.25m asset-based lending (ABL) facility for Bright Stripes LLC, including a US$1m inventory subline, to…
Gibraltar Business Capital (GBC) has completed a US$20m senior secured facility for a portfolio company of a premier private equity…
FactorEvo announced the expansion of its AI-native operating system with invoice certification and payment readiness capabilities designed to reduce payment…
Consumer Portfolio Services, Inc. (CPS) has announced the successful closing of a US$345.61m senior subordinate asset-backed securitisation transaction, marking the…
#securitisation
The American Factoring Association (AFA) has announced the election of Cole Harmonson as its new Board President. Harmonson succeeds Ryan…
Republic Business Credit has provided a US$6m asset-based loan to a national pharmaceutical manufacturer to support the business during a…
Oxford Finance LLC (Oxford), a leading specialty finance firm, is proud to announce the successful closing of its first transaction…
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced the closing of a private…