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CODIX and LoanWatch target US ABL modernisation with borrowing...

CODIX has partnered with LoanWatch to integrate borrowing base intelligence into its iMX loan management platform, targeting asset-based lenders in the US market. The partnership connects LoanWatch’s borrowing base calculation engine directly into CODIX’s iMX platform through a real-time API...

#asset based lending#borrowing base#CODIX

UK SMEs pivot back to Europe as US tariff...

UK SMEs are shifting trade focus back towards Europe after suffering average losses of £59,000 over the past year from…

#Bibby Financial Services#Brexit#Europe


BrightView extends receivables facility as refinancing pressure eases

BrightView Holdings has extended the maturity of its receivables financing facility by two years, giving the US commercial landscaping group…

#asset based lending#BrightView#corporate finance


First Brands files Chapter 11 plan as receivables fraud...

First Brands Group has filed a Chapter 11 reorganisation plan and disclosure statement, marking a new stage in one of…

#asset based lending#bankruptcy#factoring


EU clears US tariff deal as exporters get more...

The European Parliament has approved tariff legislation implementing the EU’s side of last year’s trade deal with the United States,…

#EU-US trade#European Parliament#exporters


Corporate cash pressure moves up investor agenda as working...

Corporate cash generation is moving back to the centre of investor scrutiny as companies face higher financing costs, uneven demand…

#Cash flow#corporate finance#liquidity


New York digital bill law gives trade instruments fresh...

New York’s adoption of legal reforms recognising digital bills of exchange has taken effect, giving electronic trade instruments stronger legal…

#bills of exchange#digital trade#electronic trade documents


Finastra launches analytics tool to reduce loan application abandonment

Finastra has launched Data Insights 2.0, a new analytics platform designed to help lenders identify where borrowers abandon mortgage applications…

#analytics#banking technology#digital origination


ByzFunder launches $165mn small business ABS deal

US specialty finance company ByzFunder has launched its first small business asset-backed securitisation, creating a $165mn structure backed by business…

#asset-backed securitisation#ByzFunder#private credit


JP Morgan brings digital bill of exchange product to...

JP Morgan Payments is expanding its electronic bills of exchange product to the US, giving fresh momentum to the digitisation…

#bills of exchange#digital trade#JP Morgan


Greif cuts receivables facility to $200mn as working capital...

Packaging group Greif has amended its US receivables financing arrangements, reducing the facility size from $275mn to $200mn and replacing…

#asset based lending#Greif#PNC Bank


Weaknesses in US factoring programmes exposed by First Brands...

Allegations linked to First Brands are raising fresh concerns about how risk is managed across receivables finance structures, particularly in…

#factoring#First Brands#fraud

US tariff refunds open as businesses weigh impact on...

US companies affected by previous tariff measures are now able to begin reclaiming payments, following a legal ruling that could…

#import finance#liquidity#trade policy

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