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Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, has appointed Chris Shelton as Senior Vice President of Credit, reinforcing its credit governance and risk management framework. Shelton brings more than 10 years of experience in credit,...
#factoring
The US Small Business Administration (SBA) has announced that its 7(a) Working Capital Pilot (WCP) Programme has facilitated more than…
#asset based lending
eCapital, a technology-enabled specialty finance provider serving small and medium-sized businesses across North America and the United Kingdom, has structured…
Milestone Bank has launched a new asset-based lending (ABL) division, broadening its suite of credit solutions for small and mid-sized…
TAB Bank has closed a US$2.25m asset-based lending (ABL) facility for Bright Stripes LLC, including a US$1m inventory subline, to…
Gibraltar Business Capital (GBC) has completed a US$20m senior secured facility for a portfolio company of a premier private equity…
FactorEvo announced the expansion of its AI-native operating system with invoice certification and payment readiness capabilities designed to reduce payment…
Consumer Portfolio Services, Inc. (CPS) has announced the successful closing of a US$345.61m senior subordinate asset-backed securitisation transaction, marking the…
#securitisation
The American Factoring Association (AFA) has announced the election of Cole Harmonson as its new Board President. Harmonson succeeds Ryan…
Republic Business Credit has provided a US$6m asset-based loan to a national pharmaceutical manufacturer to support the business during a…
Oxford Finance LLC (Oxford), a leading specialty finance firm, is proud to announce the successful closing of its first transaction…
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced the closing of a private…
Austin Financial Services, Inc. (AFS) has announced the closing of a US$10m accounts receivable revolver for a leading logistics and…