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IFA names Thirdmark Capital as a Preferred Ally Member

The International Factoring Association (IFA) announced that Thirdmark Capital has been named a Preferred Ally Member. IFA Ally Membership is open to companies that deliver a diverse range of products, services, and solutions to factoring companies and contribute to the...

#bank#commercial finance#credit risk

U.S. Bank, Levantor Capital team up to expand working...

U.S. Bank today announced that it has teamed up with Levantor Capital to expand flexible working capital financing options for…

#working capital#working capital finance


Valley National Bank provides US$150m credit facility to a receivables finance firm

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced today that their New York City commercial banking team…

#bank#i#receivables


Tree Buckingham joins nFusion Capital as EVP Head of...

nFusion Capital announced that Tree Buckingham has joined their team as EVP Head of Asset Based Lending (ABL). Buckingham is…

#commercial finance#leadership#management


Currencycloud and Finyoz join forces to develop further supply...

Finyoz, a German specialised platform that brings together investors and companies to facilitate supply chain finance, has partnered with Currencycloud,…

#supply chain finance


Sabre Corporation increases AR facility to $235m and refinances...

Sabre Corporation ("Sabre" or the "Company"), a leading technology provider to the global travel industry, today announced that its indirect…

#receivables


EBRD guarantee empowers Ukreximbank in €40m new lending initiative...

The European Bank for Reconstruction and Development (EBRD) is providing a €10m unfunded portfolio risk-sharing instrument to Ukreximbank, the State…

#risk-sharing


Citi facilitates social trade loans to support SME growth...

Citi, a financial institution with a 62-year presence in the Dominican Republic, has structured two loans to facilitate local trade…

#SME lending#working capital


Artis Trade Invest Fund launches invoice finance initiative for...

Artis Trade Invest Fund (Liechtenstein) announces a new initiative for secured trade finance, providing short-term financing to European petrol stations.…

#credit risk#invoice#risk


TAB Bank names Justin Hatch as Chief Lending Officer

Utah (USA)-based TAB Bank appointed Justin Hatch chief lending officer, effective immediately. In his new role, Hatch will oversee the…

#Managerial Appointments#working capital finance


Faturalab and eBebek collaborate to transform supply chain financing...

Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…

#supply chain finance


ComBank joins forces with IFC to enhance SCF in...

The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…

#SME lending#supply chain finance

Brazil’s fintech sector struggles with high default rates

In 2023, Brazil's fintech sector faces a significant challenge, with major players like Open Co and Nexoos experiencing a 60…

#receivables

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