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Verallia obtains consent of group’s lenders related to takeover...

Verallia announces today that it has obtained the consent of its bank lenders to amend the change of control clause of its existing banking financing facilities1 so that the completion of the public takeover bid initiated by BWGI, filed with...

#BWGI#factoring#takeover bid

Finastra to sell treasury and capital markets division to...

Finastra, a global provider of financial software applications, and funds advised by Apax Partners LLP (“Apax”), a leading global private…

#Apax Funds#capital markets#Chris Walters


BFS agrees £700m facility to improve access to finance...

International SME financier, Bibby Financial Services (BFS), has renewed its securitisation arrangement for three years, boosting its funding capacity to…

#Bayern LB#Bibby Financial Services#HSBC UK Bank PLC


Emerald Finance and Baya PTE join forces to strengthen...

Emerald Finance Limited, a forward-thinking provider of diverse financial services including Earned Wage Access (EWA) in India, has announced a…

#Baya PTE Limited#Emerald Finance Limited#Sanjay Aggarwal


EBRD and Unibank to support trade finance in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to US$5m (€4.4m) for…

#EBRD#Emin Rasulzade#George Orlov


myPOS and YouLend partner to facilitate finance for SMEs

myPOS has joined forces with YouLend, a global embedded financing platform for leading e-commerce, technology and payments providers, to launch…

#embedded finance#myPOS#YouLend


DAT redefines freight payments with Outgo acquisition

DAT Freight & Analytics (DAT) has acquired Outgo Inc. (Outgo), adding fast, transparent payments to the industry’s largest freight marketplace.…

#automates invoice#Cash flow#DAT


White Oak Commercial Finance funds US$125m ABL facility

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, announced it has provided a US$125m asset-based revolving…

#Tom Otte#White Oak#White Oak Commercial Finance


Manx Financial comments on UK GDP growth

Commenting on a strong rise in UK GDP growth exceeding expectations, Douglas Grant (pictured), Group CEO of Manx Financial Group,…

#alternative lenders#Douglas Grant#GDP growth


TAB Bank extends US$3m factoring line to CNC Precision...

TAB Bank has structured a US$3m factoring line of credit for CNC Precision Machine Inc. to enhance the company’s cash…

#CNC Precision Machine#factoring#Marc Karyo


EBRD and Quds Bank sign revolving credit agreement under...

The European Bank for Reconstruction and Development (EBRD) is expanding its partnership with Quds Bank through a revolving credit agreement…

#Dureid Jerab#EBRD#Francis Malige


ACABL powers growth with £1.4m ABL facility

In a move that underscores its dedication to supporting the next generation of British industrial innovation, Arbuthnot Commercial Asset Based…

#Arbuthnot Commercial Asset Based Lending#asset based lending#Power Capacitors Limited

BBB announces Let’s Do Business Finance as accredited lender...

The British Business Bank (BBB) has announced Let’s Do Business Finance as an accredited delivery partner for Community ENABLE Funding…

#British Business Bank#debt finance#ENABLE Funding

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