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Sezzle Inc., a purpose-driven digital payment platform, is pleased to announce its new US$150m receivables funding facility secured with an affiliate of Bastion Management II LLC (Bastion). Bastion will act as the Administrative Agent for the lenders. The new facility...
#payment platform
Decipher Credit, the leading loan origination and underwriting platform for financial institutions and private lenders, announced an exciting partnership with…
#receivables#SME lending#Validis
Economic twists and turns marked 2023 but the asset-based lending (ABL) market still saw growth in commitments of working capital,…
#bank#interest rates#Secured Finance Network
TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade…
#TradeSun
Citigroup appoints Shane Azzara as the successor to Shapleigh Smith as head of asset-based and transitional finance. Smith is set…
#Managerial Appointments
The Hedaya Capital Group provided a US$5m factoring and purchase order financing facility to a New York City-based clothing designer and…
#cash-flow#PO#purchase order
Northleaf Capital Partners (Northleaf), a global private markets investment firm, today announced that it served as the lead arranger of…
#financial institutions#investment#investments
The resilience of the asset-based lending market continued in the fourth quarter, according to data released by the Secured Finance Network…
#bank#commercial finance#international
Oscilar, a leading force in AI-Powered financial risk management, today publicly unveiled an industry-leading AI-Powered AML Risk Platform at the…
#AI#anti-money laundering#bank
In a strategic move to fortify its financial position, Kinetik Holdings Inc. has secured a substantial accounts receivables securitisation facility…
#receivables
PowerPay, a leading US fintech company specialising in real-time lending and payment solutions for contractors and physicians announced the closing…
#bank#channel#funding
Synovus has launched Accelerate™ Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in…
#accounts payable#bank#cash management
The International Factoring Association (IFA) announced that Thirdmark Capital has been named a Preferred Ally Member. IFA Ally Membership is…
#bank#commercial finance#credit risk