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Citigroup names Shane Azzara as Head of Asset-Based and...

Citigroup appoints Shane Azzara as the successor to Shapleigh Smith as head of asset-based and transitional finance. Smith is set to retire in May, as reported by Bloomberg. Azzara, who has been with Citi for almost three decades and was...

#Managerial Appointments

Heydana Capital Group provides US$5m factoring and PO facility

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 leads US$100m asset-backed second lien facility to Cutting...

Northleaf Capital Partners (Northleaf), a global private markets investment firm, today announced that it served as the lead arranger of…

#financial institutions#investment#investments


Asset-based lenders performed well overall in Q4, SFNet reports

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 unveils advanced AI-Powered AML Risk Platform to combat...

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


PNC Bank Provides $150m A/R securitisation facility to Kinetik...

In a strategic move to fortify its financial position, Kinetik Holdings Inc. has secured a substantial accounts receivables securitisation facility…

#receivables


PowerPay secures inaugural securitisation for home improvement and medical...

PowerPay, a leading US fintech company specialising in real-time lending and payment solutions for contractors and physicians announced the closing…

#bank#channel#funding


ABL provider introduces Accelerate Pay for business payments

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


IFA names Thirdmark Capital as a Preferred Ally Member

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


U.S. Bank, Levantor Capital team up to expand working...

U.S. Bank today announced that it has teamed up with Levantor Capital to expand flexible working capital financing options for…

#working capital#working capital finance


Valley National Bank provides US$150m credit facility to a receivables finance firm

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced today that their New York City commercial banking team…

#bank#i#receivables


Tree Buckingham joins nFusion Capital as EVP Head of...

nFusion Capital announced that Tree Buckingham has joined their team as EVP Head of Asset Based Lending (ABL). Buckingham is…

#commercial finance#leadership#management

Sabre Corporation increases AR facility to $235m and refinances...

Sabre Corporation ("Sabre" or the "Company"), a leading technology provider to the global travel industry, today announced that its indirect…

#receivables

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