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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 11 per cent increase in new business across its core products: Asset Finance, Bridging Finance, and Working Capital. The lender’s...

#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


BizCap® secures growth financing for Flavor Insights

BizCap®, a national commercial finance company, has successfully delivered a customised financing solution for its client, Flavor Insights. A flavor…

#BizCap#Chuck Doyle#Michael Pickett


KredX receives RBI approval to launch DTX, TReDS platform

KredX, India’s leading supply chain finance platform, has received the Reserve Bank of India’s (RBI) final approval to commercially launch…

#Anurag Jain#KredX#Manish Kumar

IFC and BNI Madagascar partner to finance SMEs in...

IFC and BNI Madagascar today announced a partnership to expand access to local currency financing for smaller businesses in Madagascar,…

#BNI Madagascar#IFC#sme finance

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