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Finverity and Tesselate Group announce working capital financing partnership

Finverity, the trade and supply chain finance digital ecosystem, today announced a strategic partnership with Tesselate Group, a leading provider of adaptable and scalable business systems. The collaboration enables many more banks and NBFIs to fully digitalise their operations using Finverity’s...

#Finverity#supply chain finance#working capital

Optimum Finance bolsters operations team with appointment of new...

Optimum Finance has appointed Steve Chapman to manage and lead its risk and recoveries activity as the business looks on…

#Ant Persse#Optimum Finance


Ares Commercial Finance makes a new senior appointment

Ares Commercial Finance is announcing that Ian Maccubbin has joined its Business Development and Underwriting teams as a Principal. Mr.…

#Ares Commercial Finance


Finanze Business announces new Managing Director

Finanze Group a specialist lender offering business loans, invoice discounting, trade finance and asset finance... (more…)

#invoice#trade


Verona Pharma enters into debt facility of up to...

Verona Pharma plc (Verona Pharma), a clinical-stage biopharmaceutical company, announces it and... (more…)

#debt finance


IFA names David Jencks, Esq. as General Co-Counsel

The International Factoring Association (IFA) has named David J. Jencks, Esq. of Jencks Law, P.C. as Co-General Counsel to the…

#bank#commercial finance#management


eCapital receives US$245m increase in funding for ABL activity

eCapital has signed a US$245m increase in the credit facility provided by syndicated banks to support the development of its…

#bank#eCapital#international


Ann Summers secures £8m in new ABL facility

The lingerie retailer, Ann Summers, has secured an £8m asset-based lending (ABL) facility from Secure Trust Bank Commercial Finance to…

#bank#commercial finance#funding


ITFC extends Murabaha trade finance facility to City Bank

International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced the extension of its…

#International Islamic Trade Finance Corporation#Islamic Development Bank#ITFC


Factoring faces challenges but brings opportunities in Botswana

Unlike other African countries, Botswana has excellent political stability and a stable economy, with no foreign exchange controls on foreign…

#assignment of receivables#bank#invoice


Asset-based lending holds steady in US

New origination activity was muted, but portfolios showed no signs of major deterioration in Q3 SFNet SurveyThe asset-based lending market…

#Asset-Based Lending Index#inflation#SFNet


Dun & Bradstreet and Hong Kong Export Credit Insurance...

Dun & Bradstreet (D&B), a leading global provider of business decisioning data and analytics, has announced the cooperation with Hong…

#credit risk#export credit insurance#exporters

Paragon announces new SME lending sales structure

Paragon Bank’s SME lending division has unveiled a new structure for its sales function, bolstering both the broker and vendor…

#John Phillipou#Paragon Bank#Stewart Good

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