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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 initiatives. (more…)

#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…

The Commercial Finance Association USA reiterates their focus on...

  The Commercial Finance Association USA reiterates their focus on education for the new generation of factoring specialists at their 68…

#commercial finance#Mark Mandula#PO

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