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Fluence closes US$400m ABL facility

Fluence Energy, Inc. (Fluence), a leading global provider of energy storage products and services and optimisation software for renewables and storage, has entered into a new four-year US$400m asset backed lending (ABL) credit facility maturing in November 2027.The ABL is...

#asset backed lending#J.P.Morgan#J.P.Morgan

Bibby Financial Services chooses FGI T.R.U.S.T.™ for strategic partnership

FGI Worldwide LLC (FGI), a global leader in commercial finance, today announced that the UK’s largest independent invoice finance provider,…

#Sami Altaher#T.R.U.S.T.™


Beltone receives regulatory approval to provide factoring services in...

Beltone Financial Holding (Beltone), one of the fastest growing financial institutions in Egypt, announces its consolidated financial and operational results…

#acquisition#digital#financial services


European business lenders forecast spiralling fraud rates to continue...

Lenvi Riskfactor, the leading provider of risk management software for the receivables finance industry, today announces the launch of its…

#Ahmed Amin#Lenvi#Lenvi Riskfactor


H&M and DBS bank join forces to finance decarbonization

H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply…

#DBS#supplier finance#sustainable financing


SME Finance Facilitator programme unveiled in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) has launched the SME Finance Facilitator programme, in partnership with the Emirates…

#SME lending


Cashflows partners with Recap to launch Cashflows Advance

Cashflows, the platform simplifying payment acceptance for businesses has launched Cashflows Advance – a new service that enables merchants to…

#SME lending


The EBA launches public consultation on AML and terrorist...

The European Banking Authority (EBA) today launched a public consultation on new Guidelines on preventing the abuse of funds and…

#anti money laundering#EBA#European banking Authority


Funding Circle and Atom bank agree new lending partnership

Funding Circle, the UK’s leading SME lending platform, and Atom bank, the UK’s first app-based bank, have announced a new…

#Lisa Jacobs


S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…

#bank#Bank of America#financial services


UK Export Finance unveils extra support for SME exporters

UK Export Finance (UKEF) announces today at its annual conference that it is introducing more flexible, fast-track financing for small…

#export finance#Tim Reid#UK Export Finance


Nigerian startup FrontEdge raises US$10m to expand its operations

Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations…

#emerging markets#exporters#smes

Comments from the industry specialists on UK Autumn Statement

Following the Autumn Statement, Jonathan Andrew, CEO of Bibby Financial Services, commented on why the permanent adoption of full expensing on…

#Cash flow#Ed Rimmer#Jonathan Andrew

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