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Salem Media Group closes new ABL facility with Siena...

Salem Media Group, Inc. announced that it has closed a new US$26m 3-year asset-based revolving credit facility with Siena Lending Group, which refinanced its prior revolving facility with Wells Fargo Bank.Obligations under the new revolving facility are secured by a first-priority lien on...

#Siena Lending Group

1st Commercial Credit exceeds US$20m in PO finance transactions

1st Commercial Credit, LLC has announced the achievement of a significant milestone, surpassing US$20m in purchase order (PO) funding transactions.…

#1st Commercial Credit#purchase order finance


Alternative Payments launch embedded collections support

Alternative Payments, a fully integrated B2B payments and checkout infrastructure company, is excited to announce the launch of its groundbreaking…

#B2B payments#receivables


1st Commercial Credit expands factoring facility to US$10m for security...

1st Commercial Credit, a leading provider of factoring solutions, has announced the successful expansion of... (more…)

#1st Commercial Credit


Atlendis Labs and Cicada Partners open first private asset-backed...

Atlendis Labs and Cicada Partners announced the launch of asset-backed lines of credit (ABLOC) to Fluna... (more…)

#asset-backed finance


Evolution signs two new trade finance facilities

Evolution Credit Partners Management (Evolution), an alternative credit firm with approximately US$3bn in assets under management, announced today the close of…

#assets under management


CloudTrucks is exiting factoring business

CloudTrucks has announced that his company is exiting the factoring business as they want to concentrate on their core offerings:…

#factoring industry#innovation


Christopher Gouskos joins White Oak Commercial Finance as Managing...

White Oak Commercial Finance, LLC (WOCF), an affiliate of White Oak Global Advisors, LLC, announced today that Christopher Gouskos will…

#White Oak#White Oak Commercial Finance#working capital


Huntington Business Credit creates new ABL team for healthcare...

Huntington Business Credit, part of Huntington National Bank, expands the ABL team with the addition of a group focused on…

#bank#management#Vice president


Avaltos and Calculum announce strategic alliance to enhance financial...

Avaltos, a consulting firm specialising in exponential growth and profitability for businesses, and Calculum, a fintech in data analytics and…

#Calculum#supply chain finance


Biodroga signs accounts receivable factoring facility of up to...

Neptune Wellness Solutions Inc. (Neptune), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that…

#accounts receivable finance


Fluence closes US$400m ABL facility

Fluence Energy, Inc. (Fluence), a leading global provider of energy storage products and services and optimisation software for renewables and…

#asset backed lending#J.P.Morgan#J.P.Morgan

S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…

#bank#Bank of America#financial services

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