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US companies struggle to extend payments, new study reveals

The largest U.S. companies found it much harder to extend payments to suppliers in 2022, and have likely hit a ceiling on the practice of supplier payment terms optimisation that has historically helped them bolster their balance sheets, according to...

#payables#receivables#supplier finance

Invoiced introduces accounts payable automation software

Invoiced, Texas-based B2B invoicing network, today announced the launch of their Accounts Payable Automation software, with the addition of A/P…

#account payables#account receivables


Texas Capital Bank inks US$25m ABL agreement with PFSweb

Texas Capital Bank, the lending affiliate of Texas Capital Bancshares, concluded a US$25m asset-based lending... (more…)

#account receivables#bank#e-commerce


White Oak ABL and White Oak Commercial Finance provide...

White Oak ABL, LLC and White Oak Commercial Finance, LLC, the asset-based lending affiliates of White Oak Global Advisors, LLC,…

#White Oak ABL#White Oak Commercial Finance


International Factoring Association announces new Board Members

The International Factoring Association (IFA) announced the addition of four members to its... (more…)

#International Factoring Association


RBB Bancorp names Johnny Lee as President and Chief...

RBB Bancorp (RBB) has announced the appointment of Johnny Lee as President and Chief Banking Officer of Royal Business Bank and…

#RBB Bancorp


Supply chain expert comments on Fed decision to keep...

Oliver Chapman (pictured), CEO of supply chain specialists OCI, the UK’s fastest growing company in 2022, comments on the US…

#interest rates#OCI#Oliver Chapman


Corcentric secures new ABL and term loan facility amounting...

Corcentric, a leading global provider of procurement and finance solutions, has announced it secured a new US$315m senior credit facility.…

#Bank of America#Corcentric


Umpqua Bank launches integrated receivables platform

Umpqua Bank has just announced the rollout of Integrated Receivables, a powerful cloud-based platform for business customers, that will help accounting…

#Umpqua Bank


Access Capital announces new Senior Vice President, Business Development...

Access Capital, Inc. (Access Capital), a US leading independent lender to... (more…)

#Access Capital


First Business Bank names new Vice President for ABL...

Aaron Brand (pictured) joins First Business Bank’s asset-based lending (ABL) team as Vice President - Asset-Based Lending (ABL).A specialised financial…

#FDIC#First Business Bank


Working capital provider hires Ksusha McCormick to lead firmwide...

A world-leading working capital provider , Raistone has announced the addition of Ksusha McCormick to its executive team, where she…

#Raistone#working capital

Secured finance market reached US$4.866tn in 2022

The Secured Finance Network’s (SFNet) new Secured Finance Market Sizing and Impact Study reports that the total... (more…)

#commercial finance#SFNet

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