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First Citizens Bank has announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a US$45m revolving credit facility to creative materials distributor, MacPherson's. MacPherson's is the largest creative materials distributor in North America, distributing...
#First Citizens Bank
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
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, 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, 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 has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…
#API#bank#management
nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a…
#commercial finance
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 has introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and…
#accounts payable#AR#bank
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, a B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced…
#working capital
Alternative asset manager Blue Owl has acquired Atalaya Capital Management for US$450 million, aiming to bolster its alternative credit and…
#acquisition#asset manager#commercial finance
Rosenthal & Rosenthal has completed two asset-based lending transactions totalling US$7.5m and a collection factoring facility.A California-based company that designs…
#Cash flow