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Finacity Capital Management formed

Finacity Corporation has announced the formation of Finacity Capital Management (FCM), a new business designed to facilitate efficient processing of trade receivables as well as access to the securitisation markets for companies with smaller portfolios of receivables (more…)

#management#receivables#securitisation

Skillsoft closes USD150m credit facility

Company announces USD150m accounts receivable facility provided by Sound Point Capital Management, LP and Morgan Stanley Senior Funding Incorporated (more…)

#bankruptcy#liquidity#management


AvidiaBank launches Business Manager

Avidia Bank, a provider of commercial lending solutions for small and medium sized businesses, announced the launch of the industry…

#bank#cash management#management


Versapay Corporation to showcase new receivables platform

Versapay Corporation, a provider of cloud-based invoicing, accounts receivable management and payment solutions, continued to advance its proprietary ARC accounts…

#cloud#financial services#innovation


BNY Mellon upgrades receivables services

BNY Mellon has announced that it is embarking on a major upgrade to the receivables solutions provided by BNY Mellon's…

#BNY Mellon#cloud#management


PrimeRevenue’s rapid growth

PrimeRevenue, has announced its results for the third quarter of 2015 showcasing a sustained period of rapid growth, processing USD120bn…

#alternative funding#management#supply chain finance


BusinessCash announces increase in factoring deals

BusinessCash has announced an increase in biotech supplier invoice factoring and purchase order financing deals in the 3rd quarter of…

#bank#commercial finance#invoice


Bibby Financial Services announces two new hires

Bibby Financial Services has announced the hire of Michael Levy, Senior Vice President, Business Development and John Socarraz, Senior Vice…

#bank#commercial finance#conference


RapidAdvance’s new hire

RapidAdvance has announced that Donna Hinrichs has joined the firm's factoring and asset-based lending group as a strategic partnerships manager…

#funding#i#LSQ


P2Binvestor’s Ex-factor

P2Binvestor has created the “Ex-factor” line of credit with the motivation of creating a better factoring experience (more…)

#interest#Paid


Oil and gas industry suppliers moving to non-recourse AR...

Paragon Financial has experienced a sharp increase in funding deals in the oil and gas industry, with a move towards…

#AR#non-recourse factoring#Paragon


BAML introduces digital processing for wholesale lockbox

Bank of America Merrill Lynch has announced that its U.S. Wholesale Lockbox service, which collects and processes payments, has been…

#bank#digital#management

Receivables management platform released

U.S. Bank has launched VantagePoint, an online receivables management tool that integrates multiple payment types into a single portal to…

#account receivables#bank#management

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