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EverBank launches Asset-Backed Finance Division led by Jeff Johnston

EverBank has announced the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and will...

#asset based finance#asset based lending#EverBank

nFusion Capital fuels growth with capital facility from Haversine...

nFusion Capital Finance, LLC, a leading commercial finance company for entrepreneurs, announced that it has increased its junior capital credit…

#asset based lending#factoring#Gen Merritt-Parikh


TAB Bank delivers US$27.8m funding to support leading US...

TAB Bank has provided US$27.8m credit facility to a leading manufacturer of aluminum extrusions based in southern California to support…

#Brett Horwitz#credit facility#sme finance


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…

#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

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