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1st Commercial Credit provides US$2m factoring line to pallet manufacturer

‍1st Commercial Credit, LLC has closed a US$2m factoring facility for a rapidly expanding pallet manufacturer in the Mid-West region. The start-up pallet firm initially secured funding from a smaller factoring company but eventually surpassed the financial limits of their original partner....

#1st Commercial Credit#Commercial Credit#invoice

BizCap® secures a US$10m ABL facility for beauty company

BizCap, a commercial finance firm established in 2002, has announced its successful collaboration with an industry-leading business in the beauty space.…

#bonds#Clear#commercial finance


ESG – adopting organisations to gain easier financing access

The receivables finance industry is configured as a key element capable of offering easier access to credit for many businesses…

#Luiza Buserska


Rosenthal signs two new factoring and PO finance deals...

Rosenthal & Rosenthal, Inc.(Rosenthal), a leading factoring, asset based lending, purchase order (PO) financing and inventory financing firm in the United…

#Rosenthal


Xalts acquires dormant Contour Network to lead digital trade...

Singapore-based fintech platform Xalts, backed by Accel and Citi Ventures, has announced its acquisition of Contour Network, previously owned by…

#digitisation#supply chain finance


Maybank to increase SME financing to US$208m in 2024

Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…

#sustainable financing


DP World Trade Finance hits AED1bn in UAE non-oil...

Just over a year since their partnership began, DP World Trade Finance, with support from Etihad Credit Insurance (ECI), has…

#Sinan Ozcan


CredAble and SBI Global Factors partner for tech driven...

CredAble, a leading FinTech player in supply chain finance and SBI Global Factors Ltd. (SBIGFL), India’s premier factoring company, announced…

#supply chain finance


2023: Polish factoring industry sees marginal turnover decrease amidst...

The Polish factoring industry concluded 2023 with a marginal 2.3 per cent decrease in turnover. However, this decline is an…

#Polish Factors Association


Mollie Capital launches fast, flexible financing for UK merchants

Mollie, one of the fastest growing financial services providers in Europe, today announced the UK launch of Mollie Capital –…

#alternative lending


ITFC and Asia Alliance Bank sign US$10m agreement to...

The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…

#bank#international#management


Taulia and IFC collaborate to help build sustainable supply...

Taulia, a leading provider of working capital management solutions, has announced its collaboration with International Finance Corporation (IFC), a member…

#supply chain finance#working capital

WFY’23: Turkish factoring sector accounted for 2,77 per cent...

The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…

#international#invoice#purchase order

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