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Plantforce secures £60m ABL facility

Bristol-based plant hire supplier Plantforce has secured a £60m funding line from its existing banks to invest in its hire fleet over the next two years. The deal, funded by a club structure between Natwest Bank and Wells Fargo Capital Finance, will facilitate the Plantforce...

#bank#banks#funding

eCapital breaks through single-debtor barrier with US$15m factoring facility

eCapital Corp. (eCapital), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…

#commercial finance#eCapital#invoice


Muse Finance partners with Xero and Allianz Trade to...

Muse Finance, a leading financial technology company, is excited to announce the launch of musePay, its Buy Now, Pay Later…

#Allianz Trade#buy now pay later#Muse Finance


Afreximbank signs agreement for US$100m trade finance facility to...

African Export-Import Bank (Afreximbank) has signed an agreement for a US$100m trade finance facility in favour of Rawbank to assist the…

#bank#forum#guarantees


Solifi celebrates 50 years of secured finance software solutions

Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023.Founded…

#banks#cloud#digital


White Oak Commercial Finance receives US$1.1bn credit facility from...

White Oak Commercial Finance, LLC (“WOCF”) has closed a new US$1.1bn credit facility agented by Wells Fargo Bank, N.A., and including…

#Andre Hakkak#commercial finance#supply chain finance


ADB, TIDLOR sign US$150m loan to support women-led and...

The Asian Development Bank (ADB) and Ngern Tid Lor (TIDLOR) have signed a US$150m (in Thai baht equivalent) loan agreement to…

#ADB


SG Credit Partners creates SG Commercial Finance division

To address the gap in the lower end of the credit market, SG Credit Partners has announced the launch of…

#commercial finance


AI and its use in receivables finance industry (Part...

Continuation from Part 2Talking about the most commonly refenced case uses of AI and Gen AI in the commercial finance industries,…

#commercial finance#conference#international


First Citizens Bank’s ABL business delivers up to US$400m...

First Citizens Bank has announced that its asset-based lending (ABL) business will provide up to US$400m financing to WhiteHawk Fund…

#bank#financial institution#financial services


Novuna’s investment in cutting edge technology helps UK businesses...

Novuna Business Cash Flow and Novuna Business Finance, the business divisions of Mitsubishi HC Capital UK PLC focused on providing…

#Mitsubishi HC Capital


Civil Rail Solutions secures £3m invoice discounting solution from...

Civil Rail Solutions Limited (CRS), labour supplier for the rail and construction industries, has secured a £3m confidential invoice discounting funding…

#financial services#invoice#management

FABMISR and Cayesh team up to forward SCF in...

First Abu Dhabi Bank Misr (FABMISR), a prominent financial institution in Egypt, has entered into a strategic partnership with Cayesh,…

#supply chain finance#working capital

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