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Channel secures US$75m credit facility from Truist

Channel entered into a new US$75m credit facility with Truist. The US$75m commitment provides financing for both working capital and equipment finance originations.“We are immeasurably pleased to have successfully closed a new credit facility with Truist,” Eli Sethre, CFO at...

#channel#working capital#working capital finance

Rosenthal & Rosenthal acquires factoring division of Lyon Credit...

Rosenthal & Rosenthal Southeast, a wholly-owned subsidiary of Rosenthal & Rosenthal... (more…)

#BB&T#e-commerce#order financing


Bastion Management and Huston Cove Capital provides US$100m senior...

Bastion Management and Hudson Cove Capital Management have provided a... (more…)

#debt facility#debt financing#funding


Culain Capital Funding closes US$2m factoring facility for healthcare...

Culain Capital Funding LLC, a specialty finance firm focusing on... (more…)

#Culain Capital Funding


Secured lenders maintain confidence despite inflation, interest rates

Steady confidence in the asset-based lending market marked the fourth quarter... (more…)

#Secured Finance Network#SFNet


Algoma Capital and InvestBev establish lending platform to provide...

With over 40 years of industry expertise, Brian Rosen has established a specialty lending platform... (more…)

#Monroe Capital


Ocean Bank signs US$5m factoring facility for recycled paper...

Ocean Bank’s factoring division signs a US$5m factoring facility for a ... (more…)

#working capital


AFA and IFA members celebrate major regulatory victory

The Consumer Financial Protection Bureau (CFPB) has finalised the rule to implement changes made by Section 1071... (more…)

#AFA#International Factoring Association


Mitsubishi HC Capital America, Mitsubishi HC Capital (U.S.A.) and...

Mitsubishi HC Capital America – and its subsidiary, Mitsubishi HC Capital Canada – along with Mitsubishi HC Capital (U.S.A.) ...…

#commercial finance#ENGS Commercial Finance#Mitsubishi HC Capital


CFPB finalises rule on small business lending in America

The Consumer Financial Protection Bureau (CFPB) has finalised a rule required by Congress to increase transparency... (more…)

#bank#Consortia#digital


Why the collapse of SVB was so relevant?

It has been a whirlwind trying to follow all of the stunning series of events that have happened since the…

#Silicon Valley Bank#SVB


White Oak Commercial Finance provides non-recourse factoring to men’s...

White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced... (more…)

#non-recourse factoring#White Oak#White Oak Commercial Finance

First Citizens Bank enters into whole bank purchase of...

First-Citizens Bank & Trust Company (First Citizens Bank), a subsidiary of Raleigh-headquartered First Citizens BancShares, Inc. (First Citizens), announced today…

#FDIC#First Citizens#First Citizens Bank

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