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Paragon partners with Alfa to transform commercial lending

Paragon Bank has announced the selection of Alfa, the creators of the Alfa Systems SaaS platform for asset finance providers, to drive its new Commercial Lending Transformation Programme. The initiative will replace legacy systems and streamline the entire end-to-end lending...

#Alfa#asset based lending#fintech

Trafigura secures US$1bn receivables and prepayment finance facility

Trafigura, a market leader in the global commodities industry, today announces the closing of its inaugural uncommitted discounted facility of…

#invoice discounting#invoice finance#receivables finance


Taulia and Mastercard launches new report on payment challenges

A new report* by Taulia and Mastercard finds that more than nine in 10 (92 per cent) businesses do billable…

#B2B#Danielle Weinblatt#Mastercard


Ultimate Finance achieves record £342m loan book in 2024

Specialist asset-based lender Ultimate Finance has reported a record-breaking year in 2024, with a loan book reaching £342m and an…

#asset based lending#factoring#Ultimate Finance


WhiteHawk Capital Partners provides $350M ABL facility to Nephron...

WhiteHawk Capital Partners has entered into an agreement with Nephron Pharmaceuticals to provide a US$350m asset-based credit facility. The financing…

#ABL#asset based lending#WhiteHawk


Legacy Corporate Lending provides US$25m ABL facility to 888VoIP

Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006…

#ABL#asset based lending#Legacy Corporate Lending


EBRD and Bank Millennium launch first joint synthetic securitisation...

The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Poland by…

#factoring#guarantee#receivables securitisation


EBA publishes final Guidelines on management of ESG risks

The European Banking Authority (EBA) has published its final Guidelines on the management of Environmental, Social and Governance (ESG) risks.…

#EBA#ESG#ESG risks


Grid Finance gains EIF backing to support Irish SMEs...

Grid Finance, an Irish SME and micro-enterprise lender, has secured a €1.5m loan from the European Investment Fund’s (EIF) InvestEU…

#Derek Foley Butler#EIF#European Investment Fund


WFY’24: Mexican factoring market is expected to evolve rapidly

In 2023, the Mexican economy experienced robust growth despite a slow recovery after having suffered during the pandemic. Pilar Turanzas,…

#HSBC#Pilar Turanzas#receivables finance


Novuna Business Cash Flow expands strategic team

Novuna Business Cash Flow, a provider of cash flow finance solutions for UK SMEs and larger corporations, has announced a…

#Novuna Business Cash Flow#sme finance


AIRA Factoring and NEC to launch digital SCF platform

In continuation of the Memorandum of Understanding (MOU) signed between NEC Corporation Thailand (NEC) and AIRA Factoring Public Company Limited…

#AIRA Factoring#digital SCF platform#NEC Corporation

STB CF promotes James Hodkinson to managing director

Secure Trust Bank Commercial Finance (STB CF), the asset-based lending (ABL) arm of Secure Trust Bank, has announced the promotion…

#James Hodkinson#John Bevan#Secure Trust Bank Commercial Finance

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