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USA

Steel firm agrees amended asset-based credit facility

Cleveland steel service centre announce updated USD365milliion deal with undisclosed lender (more…)

#LIBOR

Wells Fargo merges asset-based lending units

Small and large loan teams consolidated into a single department in bid to take advantage of forecasted upturn (more…)

#bank#Bank of America#banks


Participations purchaser agrees own asset-based finance facility

Lenders Funding confirm USD20million deal in order to finance own operations (more…)

#bank#banks#funding


AtlanticRMS celebrates a year in the USA

Risk management service reflects on a positive first 12 months for their Chicago office (more…)

#international#management#receivables


Swelling US recruitment sector continues to stimulate big factoring...

Bibby Financial Services latest to provide large working capital facility to staffing agency (more…)

#financial services#liquidity#Paragon


US distributor agrees new asset-based facility

Empire Resources strikes new deal with Rabobank-led international consortium (more…)

#banks#international#LIBOR


Wells Fargo Supply Chain Finance in IT distribution deal

Lender's SCF arm announces channel funding deal with US distributor of IT and computing products (more…)

#channel#funding#supply chain finance


Paediatrics firm secures USD2million in funding

Financing comes from specialist medical and healthcare factor (more…)

#cash-flow#funding#insurance


1st Commercial Credit extends factoring to China

US company moves into receivables finance services for Chinese suppliers (more…)

#Commercial Credit#purchase order#purchase order finance


Factor Finders to play matchmaker with new live transfer...

US firm hopes real-time screening will streamline account agreements (more…)

#funding


Finacity secure USD100million for diesel engine specialists

Truck and bus producers agree large trade receivables securitisation deal (more…)

#international#receivables#receivables securitisation


US invoice discounting market research report published

Positive growth over the past 5 years (more…)

#bank#invoice#receivables

First Capital hit lending milestone

Credit lines of over USD100million so far this year (more…)

#receivables#smes#trade

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