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Kilo Fund Management (Kilo), a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of its US$50m asset-backed senior secured revolving credit facility (ABL). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance...
#asset based lending#asset-backed lending#Cordillera Investment Partners
The Governing Council of the European Central Bank (ECB) decided to expand its initiative to settle transactions recorded on distributed…
#central bank money#distributed ledger technology#DLT
"When we consider data, tech and Ai we are now only limited by our imagination” Anthony Persse, CEO of Optimum…
#ABL#AI#embedded finance
Supply chain financing (SCF) is becoming a growing lifeline, especially for micro, small, and medium enterprises (MSMEs) — a sector…
#CredAble#Ram Kewalramani#supply chain finance
The British Business Bank has agreed a further £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury…
#British Business Bank#ENABLE#fintech
To help improve the sustainability of global supply chains, the International Finance Corporation (IFC), a member of the World Bank…
#CRX Markets#IFC#supply chain finance
Cherry Bank, a financial institution specialising in retail, corporate, and wealth management solutions announces a new organisational structure to better…
#Cherry Bank#factoring#Giovanni Bossi
Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed a strategic partnership with Finneva Information Technologies LLC…
#Al Masraf#Finneva#scf
Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance…
#Edris Al Rafi#Gautam Udani#Invest Bank
Asset Based Lending (ABL) is being hailed as the most underused and underestimated form of business finance by independent lender,…
#ABL#asset based lending#Censuswide
Planixs is excited to announce its new partnership with Finastra, a global provider of financial services software applications. As part…
#financial services#Finastra#Herve Carrere
Commenting on the rise in UK inflation squeezing margins and dampening consumer spending, Douglas Grant, Group CEO of Manx Financial…
#Douglas Grant#Manx Financial#sme finance
The International Factoring Association (IFA) announced that NN6, LLC, and Coface Services North America, Inc., have been named Preferred Ally…
#Coface#factoring#IFA