First Citizens and CIT to merge
First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group...
USA
Commercial Funding Inc. closes first ABL transaction
Commercial Funding Inc., an american provider of invoice factoring and accounts receivable...
White Oak Commercial Finance provides US$25m ABL facility for acquisition of women’s apparel brands
White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors...
Factoring a solution against firms' late payments strategies
Extended payment terms and late payments are a difficult...
Trade credit insurance freeze stalls supply chains in US
Trade-credit insurance, which protects trade and helps commodities flow smoothly around the world...
US bank rebrands its ABL division
...announced the rebrand of...a division of the bank that provides asset-based lending (ABL) and...
Invoice financier secures US$50m debt facility with CoVenture
...announces the closing of a US$50m credit facility with CoVenture...
Wintrust Receivables Finance closes US$5m line of credit for transportation firm
Wintrust Receivables Finance closed a US$5m accounts receivable-based line of credit...
US retailer emerges from bankruptcy with new owner, secures US$400m ABL facility
US retailer J Crew has emerged from Chapter 11 bankruptcy...
US ABL provider expands operations and credit teams
...expanded its operations and credit teams to address increased demand for its...