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First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.CIT Commercial Services closed a US$50m factoring facility, which provides availability...
#CIT Commercial Services
Mountain Ridge Funding, a specialist of asset-based lending and term loans to middle-market businesses, launches officially its factoring company Alpine…
#bank#Bank of America#commercial finance
Using artificial intelligence (AI) in our everyday lives, and in business, is firmly in the mainstream and it’s now commonly…
#AI#artificial intelligence#Conister Bank
Finverity, the trade and supply chain finance digital ecosystem, today announced the expansion of FinverityOS to cover 7 products, the…
#Finverity#supply chain finance
Tradeteq, the leading private debt and trade finance marketplace that connects asset sellers with institutional investors, is announcing its new membership…
#Tredeteq
Following today’s UK stagnant inflation rate this morning, industry specialists comment on what this will mean for local SMEs.Jonathan Andrew, CEO…
#inflation#Manx Financial
The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to…
#SFNet
Allianz Trade releases today its latest Global Insolvency Report and unveils updated forecasts for 2023 and 2024. According to the world’s…
#Allianz Trade#Global Insolvency Report
UK-based small business lender iwoca has received a new £200m funding line with initial commitments from Barclays and Värde Partners.In…
#commercial financing#iwoca#SME lending
Finastra, a global provider of financial software applications and marketplaces, is partnering with ELCY, a specialist in e-commerce solutions for…
#digitisation#Finastra
ZINK, a rising fintech under the visionary leadership of entrepreneur Leandro Zen and yours co-founders and partners, João Brambilla, and…
#Fintech. Invoice finance
Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in…
#Adam Jones#digitisation#Mastercard
Alternative lender ThinCats has appointed Dan Hartley as its new chief financial officer.Hartley was most recently chief investment officer at…
#alternative lending#Managerial Appointments#ThinCats