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Ares Commercial Finance (ACF) has provided a US$25m senior secured revolving line of credit to Herschel Supply Co. (Herschel), a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the company additional liquidity for working...
#Ares Commercial Finance#commercial finance#Herschel
Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…
#HSBC#invoice discounting#invoice finance
Funding Xchange (FXE), the leading provider of assisted lending and portfolio monitoring solutions that leverage smart background data, announces the…
#fintech#Funding Xchang#Managerial Appointments
Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief…
#fintech#Managerial Appointment#Solifi
SC Ventures, the fintech investment and incubation arm of Standard Chartered, has officially launched Labamu, an innovative invoicing and billing…
#embedded banking#fintech#Standard Chartered
Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of…
#factoring software#fintech#Managerial Appointment
Canada is set to include factoring companies in its anti-money laundering (AML) and anti-terrorist financing (ATF) regime, a significant regulatory…
#AML/CTF#factoring#regulation
Ahead of the Supply Chain Finance Summit in Madrid on 29–30 January 2025, BCR NEWS spoke with John Omoti Head…
#dynamic discounting#ESG#Inventory finance
NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…
#ABL#NN#PNC Bank
Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…
#factoring#MCB Factors Ltd#Stephanie Cerveaux
The year 2024 was one that was defined by improvements in working capital efficiency. Mr. Ashutosh Taparia (pictured), COO &…
#Ashutosh Taparia#CredAble#working capital
Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…
#BillMart#Eqaro#trade finance
EQT Corporation (EQT) has announced the conclusion of midstream joint venture (JV) with an affiliate of Blackstone Credit & Insurance…
#asset based lending#Blackstone Credit & Insurance#BXCI