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eCapital provides US$15m accounts receivable and inventory financing facility

eCapital Corp. (“eCapital”), a leading finance provider across North America and the United Kingdom, today announced the funding of a US$15m confidential factoring plus inventory finance facility for a US-based sponsor-backed beverage company. This facility will provide the necessary cash...

#commercial finance#confidential factoring#eCapital

Vantage Bank partners with Unit to boost embedded finance

US-based Vantage Bank announces a new partnership with Unit, a leading financial infrastructure platform, to drive its foray into embedded…

#embedded finance#fintech#partnership


CIT Northbridge Credit provides US$45m to MacPherson’s

First Citizens Bank has announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a…

#First Citizens Bank


WSFS Bank expands trade finance activity with two senior...

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (WSFS), is announcing the expansion of its capital markets team with…

#Christian Gil#Michael Burnap#Neil Orechiwsky


SBA to launch 3-Year Working Capital Pilot for SMEs

The U.S. Small Business Administration (SBA) has recognised that its previous working capital line product was ineffective for lenders. Now,…

#asset based lending#SBA#sme finance


CIT Commercial Services provides US40m ABL facility to Crown...

CIT Commercial Services, a subsidiary of First Citizens Bank, has provided up to US$48m in financing to Crown Crafts Inc.,…

#ABL#CIT Commercial Services#Crown Crafts


LSQ creates US$3m invoice finance facility for IT staffing...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for…

#accounts receivable#Chris Collins#credit management


Bank of America’s CashPro® App surpasses US$500bn in payment...

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…

#API#bank#management


nFusion Capital expands lending capacity with new US$75m line...

nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a…

#commercial finance


Trinseo announces US$150m new receivables financing facility from KKR

Trinseo PLC (Trinseo), a specialty material solutions provider, recently announced that a special purpose finance entity, Styron Receivables Funding Designated Activity…

#KKR


U.S. Bank launches accounts receivable finance platform

U.S. Bank has introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and…

#accounts payable#AR#bank


FIS partners with Lendio to launch SMB digital lending...

FIS, a leading provider of payment, banking, and investment systems, has partnered with online lending marketplace Lendio to introduce the…

#digital#machine learning#small business

Transend Partners with Midland States Bank to revolutionize B2B...

Transend, a B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced…

#working capital

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