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Valley Bank closes US$130m asset-based revolving credit for Access...

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announces the closing of a $130 million senior revolving credit facility to Access Capital, Inc. a commercial lender to the staffing industry. The three year facility includes a $30...

#Access Capital#Terry Keating

Credix raises a US$60m credit facility with a US$3bn...

Credix, a leading platform that provides financing to small businesses and consumer loan portfolios in Latin America, today announced that…

#blockchain#platforms#receivables


Altriarch Specialty Finance Fund provided US$43.5m to US factoring...

Altriarch Specialty Finance Fund, LP (Altriarch), a leading private credit manager based in Charleston, South Carolina, recently provided US$43.5m in committed…

#financial services#interest rates#management


Ares Commercial Finance makes new senior appointment

Ares Commercial Finance nominated Lindsay Gray as Managing Director of ... (more…)

#Ares Commercial Finance#commercial finance


Express Capital Funding launches new working capital finance solution

Express Capital Funding Inc., a tier one lender based in Anaheim Hills, CA, has announced the launch of its tailored…

#SME lending#working capital


Small business banking customer satisfaction surges as digital and...

Small business owners are more optimistic about the future than they were a year ago, with slightly more than half…

#AI#artificial intelligence#bank


Umpqua Bank survey: Security of payments systems top of...

Umpqua Bank, a subsidiary of Columbia Banking System Inc. today announced the findings of its 6th annual Business Barometer ― an…

#digitalisation#digitisation#Umpqua Bank


SCF fintech TessPay launches new platform

TessPay, developer of a supply chain finance financial technology (fintech) platform that utilises blockchain technology to provide payment assurance and liquidity…

#accounts receivables finance#blockchain#supply chain finance


CIT Commercial Services closed three factoring facilities totalling...

First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts…

#CIT Commercial Services


SFNet: US factoring sector showed resilience in 2023

The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to…

#SFNet


Trade Ledger accepts applications to join its Working Capital...

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


Oxford Commercial Finance names new VP and BDO

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 and Infor Nexus partner to expand SCF programmes...

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

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