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Robert Meyers, President of Republic Business Credit, was elected as President of the Secured Finance Network (SFNet). Meyers got involved with SFNet in 2013 by planning an educational event for the SFNet Midwest Chapter. Over the next decade, he took...
#Republic Business Credit#Rich Gumbrecht#Robert Meyers
Northrim BanCorp, Inc. (Northrim) has announced the acquisition of Sallyport Commercial Finance, LLC (Sallyport) in an all cash transaction that…
#factoring asset based lending#Mike Huston#Nick Hart
Finastra, a global provider of financial services software applications, together with DXC Luxoft, a global banking and capital markets consulting…
#Cristina Pene#DXC Luxoft#Finastra
Investment funds in receivables (FIDCs) are expanding rapidly in Brazil, with net assets reaching R$561.5bn (US$98.4bn) a near R$200bn (US$39.8bbn)…
#investment#receivables finance#receivables securitisation
Colombia's economic performance in 2023 diverged significantly from the initial post-pandemic optimism of 2021 and 2022, said Maria Camila MUNOZ,…
#Central Bank#Colombia#Exponential Confirming
YouLend, a global embedded financing platform announces that it has secured a new financing facility with funds managed by Castlelake,…
#Alex Curcio#Anders Torpe Christoffersen#asset based lending
Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$40m to US$45m for…
#accounts receivable#receivables securitisaton
The Banco Central do Brasil (BCB) recently unveiled the second phase of its Drex Pilot, the initiative aimed at developing…
#BCB#invoice discounting#smart contracts
SLR Business Credit, and its parent company SLR Capital Partners, has announced the addition of Travis Pocock as Senior Vice…
#accounts receivable#asset based lending#factoring
IFC, a member of the World Bank Group, recently announced that Banco Safra has joined IFC's Global Trade Finance Programme…
#Banco Safra Global Trade finance programme#Helena de la Torre#IFC
Factoring, though historically a niche product in Canada and often misunderstood, has begun to gain momentum in recent years. As…
#factoring#financial institution#National Bank of Canada
Clara Capital Servicing LLC (Clara Capital), a leading provider of innovative financial lending solutions for small and medium sized businesses…
#accelerate growth#Clara Capital#Matthew Byron
Rapid Finance, a leading small business (SMB) banking platform specialising in providing customised financing solutions, announced the availability of its…
#commercial finance#disclosure requirements#financial disclosure