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ITFA launches new template to support trade finance

ITFA has launched a new template that aims to support and streamline trade finance transactions. Short term trade loans, documented via SWIFT 799 free-form message types, have long been used between banks operating across multiple jurisdictions. These have typically covered...

#ITFA#short term loan#swift

First Citizens Bank upsizes ABL facility for D.P. Nicoli...

First Citizens Bank today announced that its Asset Based Lending (ABL) business upsized a revolving credit facility for D.P. Nicoli…

#asset based lending#D.P. Nicoli#First Citizens Bank


Steve Bishop appointed as President of ABL at First...

First Business Bank has announced the appointment of Steve Bishop (pictured) as President of asset-based lending (ABL) for First Business…

#asset based lending#First Business Bank#Steve Bishop


Skipton Business Finance signs £3.5m invoice discounting deal

The owners of a nationwide plant hire company with a fleet of over 2,500 pieces of equipment have used a…

#B&W Plant Hire & Sales#Skipton Business Finance


Bizcap launches in Singapore to support local SME market

Australian business lender Bizcap has officially launched its operations in Singapore, marking its fourth active market after Australia, New Zealand,…

#BizCap#sme finance


Time Finance secures Danielle Lynch as newest addition to...

Time Finance names Danielle Lynch (pictured) as Relationship Manager to its invoice finance division. Danielle joins the business with over…

#Charlotte Wall#Danielle Lynch#invoice finance


IFA names FactorGenie as a Preferred Ally Member

The International Factoring Association (IFA) announced that FactorGenie has been named a Preferred Ally Member. IFA Ally Membership is open…

#FactorGenie#International Factoring Association#Preferred Ally Member


AfDB and BOAT sign US$7.5m facility to boost trade...

The African Development Bank (AfDB) and the Bank of Africa Tanzania (BOAT) have signed a US$7.5m trade finance transaction guarantee…

#African Development Bank#Bank of Africa Tanzania


WhiteHawk Capital Partners announces new Managing Director

WhiteHawk Capital Partners, a private credit investment manager, announced that Joseph “Joe” Wells has joined the firm as Managing Director.…

#asset based lending#WhiteHawk Capital Partners


Haball secures US$52m funding led by Zayn VC

Haball (the Company), Pakistan’s leading supply chain financing and payments fintech, raises a US$52m pre-Series A funding round comprising equity…

#Haball#supply chain finance#Zayn VC


Generalfinance cancels the acquisition of Workinvoice

Generalfinance S.p.A. (Generalfinance), a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring for SMEs, announces…

#Generalfinance#Workinvoice


eCapital welcomes new SVP to ABL Group

eCapital Corp. (eCapital), a leading tech-enabled finance provider delivering custom solutions to businesses across North America and the United Kingdom,…

#eCapital#Michael Conrad

WFY’24: Factoring industry – important player in the USA

The factoring industry has an established place as an important player in the US that provides working capital to small…

#Alina Hall#Mark Mandula#World Factoring Yearbook

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