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PHH Corporation announces $155m securitisation of Servicing Advance Receivables

PHH Corporation (PHH) ("PHH" or the "Company") announced today that on June 11, 2015, PHH Servicer Advance Receivables Trust 2013-1 ("PSART"), an indirect, wholly owned subsidiary of the Company, issued variable funding notes (the "Servicing Advance Notes") in an aggregate...

#receivables

Time Finance launches ID&V technology as part of their...

Time Finance, a leading provider of asset finance solutions, is thrilled to announce the launch of its new ID&V (Identity…

#digital#digital transformation#security


Provident Financial Services, Inc. completes merger with Lakeland Bancorp,...

Provident Financial Services, Inc. (Provident) announced yesterday that its merger with Lakeland Bancorp, Inc. (Lakeland) was completed, creating the premier super community…

#bank#credit risk#financial services


Supply@ME and VeChain partner to support SMEs with SCF

Supply@ME joined forces with VeChain to revolutionise supply chain financing (SCF) for small and midsize enterprises (SMEs). Supply@ME is an…

#supply chain finance


EBRS boosts Palestinian exports with additional US$3m trade finance...

The European Bank for Reconstruction and Development (EBRD) is boosting Palestinian export and import activity by providing an additional US$3m to…

#bank#exporters#guarantees


Paragon Bank supports Shilling Group with a £2.75m invoice...

Paragon Bank’s SME Lending division has facilitated a £2.75m funding solution to support Shilling Group’s acquisition of Telford-based specialist logistics…

#SME lending


AfDB provides US$15m trade finance facility to First Capital...

First Capital Bank (FCB) in Zimbabwe  has received from African Development Bank (AfDB) US$15m trade finance package to help bolster…

#African Development Bank


Lendscape launches data-driven solution to transform invoice finance

Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to…

#Lendscape


High-street lenders neglecting women-led enterprises, new study finds

Research from independent SME funder Bibby Financial Services (BFS) finds that women business leaders are facing gender inequality in commercial…

#financial services#insolvency#interest rates


Surecomp partners with MineHub to transform digital trade finance...

Surecomp is pleased to announce a partnership with MineHub Technologies, a leading provider of digital supply chain solutions for the…

#RIVO


Gateway Trade Funding provides US$2.5m PO facility for an...

An apparel company found itself in need of importing merchandise from China... (more…)

#funding#order financing#PO

eCapital secures US$18m ABL facility for commercial linen company

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

#acquisition#bank#eCapital

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