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Americas

Invoice financing platform hires new Head of North America

Accelerated Payments, an invoice financing platform, has appointed Neil McMillan as Head of North America. McMillan will be based in Toronto.According to Accelerated Payments, McMillan brings more than 20 years of experience finance of working both in alternative finance providers...

#Accelerated Payments#banks#Ian Duffy

CIT announces new organizational structure for factoring business

CIT, a division of First Citizens Bank, has announced the reorganization of its commercial services factoring business to position it…

#bank#CIT#CIT Commercial Services


Rosenthal provides US$3.2m factoring and PO financing facility

Rosenthal & Rosenthal completed a recent US$3.2m factoring facility with purchase order financing for an outdoor and sporting apparel company.The…

#bank#PO#purchase order


Sallyport Commercial Finance signs US$7.5m accounts receivables financing

Sallyport Commercial Finance (Sallyport) has added another client in February with US$7.5m accounts receivable funding for a tank manufacturer to…

#accounts receivables finance#Sallyport Commercial Finance


Leadership in a post COVID-19 global factoring era

The Omicron variant is winding down in the United States and we are slowly but surely headed back to a…

#leadership#Mark Mandula


Marco Polo Network goes live with SMBC Americas and...

The world’s first blockchain-enabled, distributed network for supply chain trade finance and payment solutions, Marco Polo Network (formerly TradeIX) further…

#blockchain#Marco Polo#receivables financing


Banreservas launches ‘Government factoring’

Along a new promotion of "Cover your credit invoices first", Banreservas launches Government factoring ("Factoring Gubernamental Reservas"), an instrument to support…

#bank#international#invoice


Peruvian factoring experienced great dynamism in 2020

The Peruvian factoring market is currently experiencing great dynamism. Factoring in Peru is used mainly by micro, small and medium-sized…

#World Factoring Yearbook


Supply chain disruptions in the US and factoring industry

As we are all aware, the global supply chain was disrupted by the COVID-19 pandemic and caused significant delays in…

#Mark Mandula#supply chain disruptions


White Oak Commercial Finance provides US$7m accounts receivable facility...

White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced it provided a US$7m…

#accounts receivable finance#White Oak Commercial Finance


​​​​​​​Rosenthal & Rosenthal promotes Yang to SVP and Director...

Rosenthal & Rosenthal named Ying Yang senior vice president and director of business development on its purchase order financing team,…

#order financing#purchase order#Rosenthal


Franklin Capital signs factoring line for piping supplier

Franklin Capital announces the completion of a US$1m factoring line for a UK headquartered piping supplier.A broker in the UK…

#international#Vice president#working capital

Evolution launches new trade credit protection programme

Evolution Credit Partners Management (Evolution) announced the launch of its new trade credit protection (TCP) programme providing increased features for…

#credit protection#management#risk

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