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United Capital reveals record funding levels

United Capital Funding Corp., a Florida-based provider of professional Accounts Receivable based funding and credit management solutions in the United States has announced that it provided more than US$430 million of working capital to entrepreneurial businesses in the United States...

First Capital provides USD13m factoring facility

First Capital facility has provided a US subsidiary of a global manufacturer of specialty chemicals with liquidity to fund strategic…

#commercial finance#liquidity#receivables


Proactis sells invoice automation service to ‘leading broker’

PROACTIS, a global Spend Control & eProcurement solution provider, has announced that a leading brokerage firm of financial and non-financial…

#accounts payable#cash-flow#cloud


Bank of the West names head of supply chain...

Hamed Farhadi takes a position of the senior vice president and head of global trade solutions in Bank of the…


US Ex-IM announced 75pc increase in authorisations

US Ex-IM Bank approves more than USD7.4 billion in financing, from which USD1.2 billion - for SMEs. (more…)

#bank#exporters#exports


Hilco to return to receivables finance

Hilco re-launches accounts receivable unit in Northbrook, Illinois. (more…)

#i#investments#leadership


Bibby Financial Services hires international trade expert

Bibby Financial Services hires Tony Brown to drive international trade finance business expansion in North America. (more…)

#commercial finance#exporters#international


Universal Funding announced four new clients

Universal Funding attracts USD1.7 million of new business in December. (more…)


BofA Merrill Lynch, others arrange USD600m facility to PRA

Virginia-based Portfolio Recovery Associates (PRA) has announced the close of a US$600 million credit facility to fund business operations and…

#bank#Bank of America#LIBOR


CFA to certify ABL and factoring practitioners

Commercial finance association announces certification program for asset-based lending and factoring professionals. (more…)

#asset-based lender#commercial finance#training


TopLiner by Coface to encourage proactive approach to risk...

Coface has introduced a new supplemental cover for existing customers. (more…)


Ex-Im Bank approve SCF transaction to support U.S. suppliers

Ex-Im Bank says it will guarantee up over USD400 million to be paid out to Caterpillar suppliers. (more…)

TCI Business Capital introduces new factoring service

TCI Business Capital, a provider of oilfield factoring services, has released a new series of factoring service lines specifically designed for…

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