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With over US$16.5 million of new client facilities closed in the third quarter, New Orleans-based Republic Business Credit continues its strong performance supporting SMEs looking for flexibility in funding their working capital needs. (more…)
#Flexible Funding#receivables#security
Vertex Financial, an accounts receivable factoring company, is to expand into the East Coast Marketplace with representation in Charlotte, North…
Finacity, together with NORD/LB, has facilitated the successful addition of German and Canadian receivables to an existing securitisation for The…
#bank#funding#receivables
The New York-based Finacity Corporation has facilitated the successful funding of a global trade receivables securitisation programme for global styrenics…
#bank#receivables#receivables securitisation
The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has approved US$666.4 million of working…
#bank#exports#guarantees
Florida-based commercial finance specialists, First Capital, have provided a US$16 million working line of credit to M.M. R., a New…
#account receivables#bank#commercial finance
Crestmark Transportation Services, a division of Crestmark Bank, has announced the execution of strategic arrangements with Comdata including the transfer…
#acquisition#bank#financial services
Citibank has launched a new web-based supply chain platform for 14 countries in Latin America. (more…)
#liquidity#payables#receivables
Florida-based Paragon Financial Group, Inc. has promoted Thomas Longo to Senior Vice President. (more…)
#Paragon#purchase order#receivables
Coral Capital Solutions, a commercial finance company specialising in receivable-based funding, has entered into a USD $9 million factoring transaction…
#commercial finance#funding#management
The Michigan-based TriMas Corporation, a diversified manufacturer of engineered and applied products, has entered into an amendment of its accounts…
#bank#funding#LIBOR
Greater potential for factoring as banks worldwide fail to meet government commitments to support SMEs, a new report by VRL…
#alternative funding#bank#emerging markets
The New York Stock Exchange (NYSE) has acquired a minority ownership in The Receivables Exchange (TRE) and will join with…
#receivables#smes