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USA

New SCF reporting rule – now manifested – raises...

The initial impact of the new supply chain finance (SCF) reporting rule for US companies,  as laid down by the Financial Accounting Standards Board (FASB), has now come into view – and with it questions about its long-term efficacy. In...

#FASB#supply chain finance

CIBC makes senior appointment for ABL team

CIBC hires Evan Swank as Managing Director... (more…)

#asset-based lender#bank#Vice president


TAB Bank provides US$2m ABL facility

TAB Bank has announced it has provided a geoscience firm in... (more…)

#bank#working capital#working capital solutions


Orion Group Holdings signs US$103m ABL facility

Orion Group Holdings, Inc. a leading specialty construction company, has just announced the closing of a... (more…)

#White Oak Commercial Finance#White Oak Global Advisors


Oxford Commercial Finance inks new accounts receivable facility

Yerbaé Brands Corp. (Yerbaé) announces today that it has secured a new accounts receivable and inventory line of credit of…

#debt facility#Oxford Bank#Oxford Commercial Finance


J.Jill completes refinancing of ABL facility

J.Jill, Inc. (J.Jill) announced that it has successfully completed the refinancing of its asset-based... (more…)

#CIT#First Citizens Bank


Supply chain technology platform strengthen its managerial team

Leading supply chain technology platform 1TCC™ yesterday announced the appointment of ... (more…)

#1TCC™#supply chain finance


CIT Commercial Finance announces senior management changes

CIT Commercial Services, a subsidiary of First Citizens Bank, provider of factoring... (more…)

#CIT Commercial Services#First Citizens Bank#Supply Chain Financing


Bain Capital invests in new ABL business

Legacy Corporate Lending a new asset-based lending (ABL) company, today announced its launch as an independent lender focused on serving…

#commercial finance


US small business lending fraud escalates, new study reveals

LexisNexis® Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. Based on a survey of lenders,…

#SMB lending#SME lending


Setscale secures $80m through equity and debt raise

Setscale, a fintech startup solving the trade financing dilemma for small businesses, revolutionising announced it raised a US $9.5m seed…

#Inventory finance


Standard Chartered partners with PVH Corp. on sustainability-linked supplier...

Standard Chartered Bank has embarked on a sustainability-linked supplier finance programme with... (more…)

#PVH Corp#supply chain finance

SFNet ABL and factoring annual survey results show strong...

There was solid growth in commitments and outstandings in the asset-based lending market last year... (more…)

#SFNet

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