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British Business Bank agrees £100m ENABLE Guarantee transaction with...

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank PLC, to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses. The transaction will support Cynergy...

#asset based lending#British Business Bank#Cynergy Business Finance

Finastra introduces enhancements to LaserPro, adds customer benefits to...

Finastra, a global provider of financial software applications, announced its leading cloud-based loan document preparation system, LaserPro, is now offering…

#Finastra#Laser-Pro#regulatory compliance


SBCI and EIB partner to enable €560m new lending...

The Strategic Banking Corporation of Ireland (SBCI) CEO, June Butler, and the Vice President of the European Investment Bank (EIB),…


Tesorio transforms portal bottlenecks into cash flow

B2B payments are undergoing a major transformation. Supplier portals—once used by just a handful of customers—now account for up to…

#AI#invoice submission#invoice tracking


EIB and Banca Popolare di Sondrio launch €300m initiative...

The European Investment Bank (EIB) and Banca Popolare di Sondrio have signed a new agreement to mobilise over €300m in…

#Banca Popolare di Sondrino#EIB#sme finance


Dun & Bradstreet to be acquired by Clearlake Capital

Clearlake Capital Group, L.P., (together with certain of its affiliates, “Clearlake”), last week announced that it has entered into a…

#Anthony Jabbour#Clearlake#Dun & Bradstreet


WFY’24: Robust export growth drives strong sales for trade...

Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…

#factoring#Le Ngoc Hieu#Nguyen Minh Anh


African Development Bank provides US$25m trade finance facility to...

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…

#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar


Yue Da International enters reverse factoring agreement with Yile...

Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new…

#Yile Trading#Yue Da International#Yue Da International Holdings


FactorFox returns to founder Robert Vasquez in strategic move

Robert Vasquez, original founder of FactorFox, has reacquired both FactorFox and its Latin American counterpart, iProveedor. This strategic return marks…

#ABL#AI#FactorFox


Jindal Stainless acquires 9.62% stake in M1xchange

Jindal Stainless, Indian top stainless steel producer, along with its subsidiary Jindal Stainless Steelway Limited, has acquired a 9.62 per…

#Anurag Mantri#Jindal Stainless#M1xchange


CredAble crosses INR 250 crore in trade receivables securitisation

CredAble, India’s largest working capital technology platform, announced that it has successfully crossed INR 250 crore (US$29.14m) in trade receivables…

#CredAble#Manu Prakash#Pass-Through Certificates

Allianz Trade appoints new country manager for South Korea

Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1,…

#Allianz Trade#Andy Ryoo#Global Insolvency Report

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