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First Citizens Bank announced that its CIT Commercial Services subsidiary provided a US$45m non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region. The transaction was referred by Silicon Valley Bank, a division of First...
#asset based lending#CIT Commercial Services#factoring
The European Bank for Reconstruction and Development (EBRD) is joining forces with the UK’s development finance institution, British International Investment…
#BII#British International Investment#EBRD
Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG™ platform as…
#Bank of Ireland#DOKA-NG#innovation
ETR Digital, a leading London-based technology firm specializing in unlocking working capital, and Calculum, a US-based pioneer in AI-powered financial…
#Calculum#ETR digital#supply chain
The National Association of Commercial Finance Brokers (NACFB) has today released findings from its annual impact report, highlighting the indispensable…
#commercial lending#Jim Higginbotham#NACFB
The receivables finance industry has transformed significantly over the past 25 years. Once seen as a niche financial service, it…
#BCR Publishing#Comarch#receivables finance
IBK Industrial Bank has signed a memorandum of understanding (MOU) with Commerzbank AG of Germany to strengthen support for small…
#Commerzbank#IBK#IBK Industrial Bank
Bizcap has officially joined the Australian Finance Group’s (AFG) lending panel, enhancing the range of funding solutions available to brokers…
#AFG#Australian Finance Group#BizCap
On Friday last week, the Government of Canada announced the upcoming implementation of new regulatory amendments to strengthen Canada’s Anti-Money…
#AML#anti-money laundering#FINTRAC
Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020,…
#administration#Artis Finance#Artis Loanco 1
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…
#ITFC#Mutual Trust Bank#Nazeem Noordali
In a move signifying strong support for Korean companies expanding globally, Deutsche Bank South Korea, in collaboration with The Korea…
#Deutsche Bank#invoice discounting#K-Sure
The International Factoring Association (IFA) today announced the appointments of Robert Center, Senior Relationship Manager at Quasar Capital and Wallace…
#IFA#International Factoring Association#NEXGEN