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White Oak Commercial Finance receives US$1.1bn credit facility from...

White Oak Commercial Finance, LLC (“WOCF”) has closed a new US$1.1bn credit facility agented by Wells Fargo Bank, N.A., and including 11 other banks, increasing the capital that can be invested in asset-based lending (ABL). Additionally, WOCF and White Oak ABL,...

#Andre Hakkak#commercial finance#supply chain finance

SG Credit Partners creates SG Commercial Finance division

To address the gap in the lower end of the credit market, SG Credit Partners has announced the launch of…

#commercial finance


First Citizens Bank’s ABL business delivers up to US$400m...

First Citizens Bank has announced that its asset-based lending (ABL) business will provide up to US$400m financing to WhiteHawk Fund…

#bank#financial institution#financial services


Trinity Capital Inc. provides US$15m in growth capital to...

Trinity Capital Inc. (Trinity), a leading provider of diversified financial solutions to growth-oriented companies, has announced the commitment of US$15m in growth capital…

#debt finance


Finacity upsizes IFRS off-balance sheet receivables securitisation for Vitro...

Finacity Corporation, a White Oak Company, (Finacity) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitisation…

#Vitro#White Oak Company


LSQ provides US$3m invoice finance facility to aerospace firm

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for an…

#supply chain finance


Siena Lending Group closes new US$20m ABL facility for...

Siena Lending Group LLC (“SLG”) is pleased to announce the closing of a US$20m credit facility to support the share purchase…

#Siena Lending Group


LSQ partners with Ecobat to enhance SCF

LSQ, a leading provider of working capital and payments management solutions, recently announced a strategic supply chain finance partnership with…

#supply chain finance


Webster Bank names new MD of ABL division

Webster Bank recently announced that Jeffery Wacker has joined the bank’s asset based lending (ABL) division as Managing Director (MD)…

#bank#creativity#digital


PHH Corporation announces $155m securitisation of Servicing Advance Receivables

PHH Corporation (PHH) ("PHH" or the "Company") announced today that on June 11, 2015, PHH Servicer Advance Receivables Trust 2013-1…

#receivables


Provident Financial Services, Inc. completes merger with Lakeland Bancorp,...

Provident Financial Services, Inc. (Provident) announced yesterday that its merger with Lakeland Bancorp, Inc. (Lakeland) was completed, creating the premier super community…

#bank#credit risk#financial services


Gateway Trade Funding provides US$2.5m PO facility for an...

An apparel company found itself in need of importing merchandise from China... (more…)

#funding#order financing#PO

eCapital secures US$18m ABL facility for commercial linen company

eCapital Corp. (eCapital), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…

#acquisition#bank#eCapital

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