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USA

US lender increases Wells Fargo credit line

Business Financial Services agrees another USD125million as part of lender finance facility (more…)

#bank#financial services#small business

Republic Business Credit targets oil and gas companies

Louisiana lender extends receivables facility to oil services firm as part of push (more…)

#bank#management#receivables


Hitachi partnership to offer government receivables finance

Agreement with Washington-based credit union offers financial support to federal and local government SME contractors (more…)

#cash management#management#receivables


E-invoice solution provider teams up with SCF firm

Transcepta and InFin aim for streamlined payables process service (more…)

#accounts payable#invoice#smes


DS-Concept Factoring strikes apparel sector deals

Cross-border facilities agreed for two clothing wholesalers (more…)

#liquidity#receivables#Two


Taulia raises more capital in latest round of funding

Supply chain finance solution provider also looking to take advantage of Obama's SupplierPay initiative (more…)

#funding#small businesses#supply chain finance


Bayside Business extends management platform to ABL firm

Michigan-based lender cites combined collateral management as key selling point (more…)

#asset-based lender#invoice#management


Hospitality group agrees large securitisation deal with receivables funding...

USD350million deal involves issuance of A-rated and BBB-rated asset-backed notes (more…)

#funding#receivables#securitisation


Major corporations join Obama’s faster payment pledge

White House's SupplierPay programme will involve fast payment guarantees and supply chain finance facilities for small business suppliers (more…)

#guarantees#IBM#small business


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

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