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First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.CIT Commercial Services closed a US$50m factoring facility, which provides availability...
#CIT Commercial Services
The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to…
#SFNet
Following the launch of its new generative AI-enabled Working Capital Copilot solution at Sibos 2023, Trade Ledger is now accepting…
#Accenture#AI#Martin McCann
Anne Mask joined Oxford Commercial Finance as Vice President and Business Development Manager (BDO).Backed by over two decades of experience…
#commercial finance#Oxford Commercial Finance#SFNet
LSQ, a leading provider of working capital finance and payments solutions, and Infor Nexus™, the leading global supply chain platform…
#Infor Nexus#LSQ#supply chain finance
Quickpay Funding, a leading provider of invoice factoring services, has just announced the launch of their... (more…)
#Cash flow#cash-flow#Quickpay Funding
Sallyport Commercial Finance has announced a US$1m accounts receivable (AR) facility for a lighting manufacturer headquartered in Tennessee. The business held a…
#Sallyport Commercial Finance
RBB Bancorp announced that, effective September 28, 2023, Gateway Bank, F.S.B. announced that it and RBB Bancorp have mutually agreed to…
#RBB Bancorp
Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft... (more…)
#Asset-Based Lending Index#SFNet
Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank (the Company), has expanded its line of flexible working capital solutions…
#cash flow solutions#FDIC#Oxford Bank
Standard Chartered Americas today announced that it has entered a trade finance partnership with Truist Bank that will enhance Truist…
#bank#emerging markets#exporters
Citi has announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (“Foro”), a Charlotte-based…
#Bridge#SMB lending#SME lending
Feride Bennett joined Rosenthal & Rosenthal (Rosenthal) as Vice President and Business Development Officer... (more…)
#international#international factoring#QNB