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FactorFox Software has onboarded 107 existing customers into the testing environment of its new artificial intelligence-based factoring platform, with the first customers now operating in production. The development, announced on 19 October, marks a measurable stage in the company's transition...
#artificial intelligence#digital factoring#FactorFox AI
Joshua Wander, the founder and former chief executive of investment firm 777 Partners, has pleaded guilty to wire fraud and…
#777 Partners#asset verification#collateral fraud
Intuit has agreed to acquire London-based revenue management company Sequence, expanding its presence in business-to-business invoicing, collections and automated revenue…
#accounts receivable#artificial intelligence#B2B invoicing
Franklin Templeton and Benefit Street Partners have completed a transaction with Encina Lender Finance that brings approximately US$480m of lending…
#asset-backed finance#Benefit Street Partners#credit card receivables
Rhino USA has closed a US$15m asset-backed financing facility with Texas Capital to increase investment in inventory and provide working…
#asset based lending#borrowing base#distribution finance
SAP Taulia has appointed former SAP and ServiceNow executive Kirsten Loegering as chief product officer and promoted Andrew Schafer to…
#Andrew Schafer#artificial intelligence#autonomous finance
Oxford Finance has closed a cross-border asset-based lending revolving credit facility for North American bicycle distributor HLC, providing a new…
#asset based lending#HLC#Inventory finance
US small-business restructuring filings increased 46% during the first nine months of 2026, highlighting mounting financial pressure on smaller companies…
#American Bankruptcy Institute#borrowing base#Chapter 11
Iridium Credit has raised US$3m to expand an invoice-verification platform designed to help factoring companies check entire receivables portfolios rather…
#accounts receivable#Anthony Eden#debtor confirmation
A US industrial forging business has secured US$18m in senior secured credit facilities backed by receivables, inventory and equipment, providing…
#asset based lending#borrowing base#CG Debt Capital Markets
US freight-factoring provider OTR Solutions has acquired CCT Factoring's transportation portfolio, marking its second factoring-book acquisition in less than a…
#asset based lending#CCT Factoring#Coeur Capital
Republic Business Credit has provided a US$2m recourse factoring facility to a US mobile fuel-delivery business facing a widening mismatch…
#cash conversion cycle#data centres#diesel
US school-bus manufacturer Blue Bird has closed a US$600m senior secured financing package, replacing US$250m of existing facilities and extending…
#Bank of America#Blue Bird#BMO