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Manx Financial comments on UK GDP growth

Commenting on a strong rise in UK GDP growth exceeding expectations, Douglas Grant (pictured), Group CEO of Manx Financial Group, said: “Latest UK GDP figures offer reassurance to businesses and consumers, although the broader economic outlook remains challenging, particularly for...

#alternative lenders#Douglas Grant#GDP growth

TAB Bank extends US$3m factoring line to CNC Precision...

TAB Bank has structured a US$3m factoring line of credit for CNC Precision Machine Inc. to enhance the company’s cash…

#CNC Precision Machine#factoring#Marc Karyo


EBRD and Quds Bank sign revolving credit agreement under...

The European Bank for Reconstruction and Development (EBRD) is expanding its partnership with Quds Bank through a revolving credit agreement…

#Dureid Jerab#EBRD#Francis Malige


ACABL powers growth with £1.4m ABL facility

In a move that underscores its dedication to supporting the next generation of British industrial innovation, Arbuthnot Commercial Asset Based…

#Arbuthnot Commercial Asset Based Lending#asset based lending#Power Capacitors Limited


BBB announces Let’s Do Business Finance as accredited lender...

The British Business Bank (BBB) has announced Let’s Do Business Finance as an accredited delivery partner for Community ENABLE Funding…

#British Business Bank#debt finance#ENABLE Funding


Pyxus upsizes asset-based lending facility with PNC Bank

Pyxus International, Inc. (Pyxus), a global value-added agricultural company, has announced the amendment of its asset-based lending (ABL) credit facility…

#ABL facility#asset based lending#PNC Bank


Silver Birch Finance acquires Tradeteq to expand securitisation and...

Silver Birch Finance, a global working capital structuring and advisory business, today announced the acquisition of Tradeteq, the leading trade…

#Andre Casterman#Christoph Gugelmann#Nils Behling


Ebury becomes certified Xero App partner

Ebury, the global financial services firm, is delighted to announce it has officially become a certified App partner of Xero,…

#accounts receivable#cash flows#Ebury


Froda and wamo partner to improve SME financing in...

Embedded finance provider Froda has partnered with UK fintech wamo to introduce card-based lending in Finland, aiming to boost SME…

#embedded finance#Froda#wamo


Tinubu raises US$45m to accelerate specialty insurance SaaS leadership

Tinubu, a leading provider of cloud software for the specialty insurance industry, today announced that it raised US$45m in growth…

#Morgan Franc#Morgan Stanley Expansion Capital#Tinubu


UBCI joins Proparco’s trade finance programme

In a significant move to bolster international trade in North Africa, Union Bancaire pour le Commerce et l’Industrie (UBCI) has…

#French Development Agency#Proparco#UBCI


Filter Capital invests US$10m in M1xchange to boost MSMEs...

In a strategic move aimed at bolstering financial access for India's micro, small, and medium enterprises (MSMEs), growth-stage investment firm…

#Filter Capital#invoive financing#M1xchange

SAF Group launches asset based finance division

The SAF Group, a prominent alternative capital provider based in Canada, has announced a significant development in its business strategy:…

#asset based finance#Nur Khan#Ryan Dunfield

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