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USA

Arrest warrant issued for boss of company that defrauded...

Founder of Indian IT company that defrauded Canadian factor deemed to be in contempt of court after no-show (more…)

#trade#Two

Allied Affiliated Funding closes USD10 million receivables financing deal

Funding to alleviate cash flow issues for a Texas oil and gas contractor (more…)

#bank#management#receivables


Universal Funding records ‘busiest month’

US factoring company finishes third quarter well with a busy September (more…)

#cash-flow#funding


Heritage Bank of Commerce to acquire Bay View Funding

Definitive stock purchase agreement signed by Californian bank (more…)

#acquisition#bank#commercial lending


CIT to co-host conference with California Fashion Association

Event will focus on financing strategies specific to fashion industry (more…)

#CIT#CIT Commercial Services#conference


Paragon Financial Group launches credit union factoring programme

Programme designed to help credit unions and community banks to better fund business clients (more…)

#bank#invoice#management


Coal supplier extends senior credit facility and agrees new...

Alpha Natural Resources hopes agreements will "improv[e] our future financial flexibility" (more…)

#liquidity#receivables#securitisation


Online lending platform secures USD2 million in funding

The Credit Junction to receive seed funding from specialist SME lender (more…)

#acquisition#funding#smes


Transcepta launches SCF solutions to work on Oracle applications

California company aiming to attract existing Oracle customers with new range of compatible products (more…)

#accounts payable#cloud#dynamic discounting


Finacity closes USD80million supplier finance programme

US lender provides revolving structure with numerous other services to undisclosed company (more…)

#bank#funding#receivables


Bayside Business Solutions updates CADENCE system, plans conference and...

US software supplier releases Version 3.0.5 of its portfolio management system (more…)

#conference#invoice#management


Finacity appoints former RBS managing director

David Viney joins US company with aim of expanding global client coverage (more…)

#bank#management#receivables financing

First Capital provide ABL facility for seafood distributor

Working capital revolver deal agreed, secured by accounts receivable and inventory (more…)

#i#liquidity#management

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