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Americas

VersaBank partners with Watercress for Receivable Purchase Programme

VersaBank a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced through its wholly owned subsidiary, VersaBank USA National Association, that it has entered into an agreement with Watercress Financial Group LLC ("Watercress"),...

#receivables financing#RPP#VersaBank

HFD secures US$500m healthcare receivables financing facility

Healthcare Finance Direct (“HFD”) has successfully closed a forward-flow credit fund with aggregate equity and debt commitments of up to…

#invoice finance#receivables finance


Paratus secures $209m receivables monetisation deal in Mexico

Paratus Energy Services Ltd., an investment holding company specialising in energy services and offshore drilling, has finalised a receivables monetisation…

#factoring#invoice finance#receivables finance


Trinity Capital Inc. provides US$12.5m in growth capital to...

Trinity Capital Inc. (Trinity), a leading alternative asset manager, has announced a commitment of US$12.5m in growth capital to Upward…

#Bob D'Acquisto#Glen Moller#Trinity Capital


eCapital deliveres US$35m factoring solution to logistic provider

eCapital, a leader in financing solutions for small and medium businesses across North America and the UK, has granted a…

#eCapital#factoring#logistic company


nFusion Capital concludes US$8m factoring deal

nFusion Capital has provided an US$8m factoring facility to a client based in the United States. The client, a private…

#Alexandra S. Scoggin#factoring#NFusion Capital


WhiteHawk Capital Partners provides $350M ABL facility to Nephron...

WhiteHawk Capital Partners has entered into an agreement with Nephron Pharmaceuticals to provide a US$350m asset-based credit facility. The financing…

#ABL#asset based lending#WhiteHawk


Legacy Corporate Lending provides US$25m ABL facility to 888VoIP

Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006…

#ABL#asset based lending#Legacy Corporate Lending


WFY’24: Mexican factoring market is expected to evolve rapidly

In 2023, the Mexican economy experienced robust growth despite a slow recovery after having suffered during the pandemic. Pilar Turanzas,…

#HSBC#Pilar Turanzas#receivables finance


BizCap® secures growth financing for Flavor Insights

BizCap®, a national commercial finance company, has successfully delivered a customised financing solution for its client, Flavor Insights. A flavor…

#BizCap#Chuck Doyle#Michael Pickett


Mesirow acquires asset-backed lender Bastion Management

Mesirow, an independent financial services firm, has acquired Bastion Management (Bastion), an asset-backed specialty finance lender. The acquisition closed on…

#asset based finance#asset based lender#asset-backed finance


ACF provides US$25m working capital facility to Herschel

Ares Commercial Finance (ACF) has provided a US$25m senior secured revolving line of credit to Herschel Supply Co. (Herschel), a…

#Ares Commercial Finance#commercial finance#Herschel

Solifi Announces Dan Corazzi as new CEO, David Hamilton...

Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief…

#fintech#Managerial Appointment#Solifi

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