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JPMorgan Chase survey: Most businesses expect recession in 2023

The majority of small and midsize U.S. business leaders anticipate a recession in 2023... (more…)

#economic outlook#JPMorgan Chase

Brookline completes acquisition of PCSB

Brookline Bancorp, Inc. (Brookline), announced that it has completed its acquisition of PCSB Financial Corporation (PCSB), a US$1.9bn bank holding…

#commercial finance


Renasant Bank acquires Republic Business Credit

Renasant Corporation (RNST) announced yesterday that effective December 30, 2022... (more…)

#Republic Business Credit


Skyscend Capital names new President

Skyscend Capital Inc, an Atlanta-based financial services firm, announced today the appointment of Robert A. Zadek (pictured) as President, effective January…

#Skyscend Capital#supply chain finance


Oxford Commercial Finance names new VP and BDO

Oxford Commercial Finance hired Bill Kirth as a vice president... (more…)

#commercial finance#Oxford Commercial Finance


OppFi signs US$150m funding facility to support receivables finance...

OppFi Inc. a financial technology platform ... (more…)

#Castlelake


White Oak and Tiger Finance provide US$90m ABL facility

White Oak Commercial Finance, LLC (White Oak) and Tiger Finance, LLC have just provided together... (more…)

#Tiger Finance#White Oak Commercial Finance


Rosenthal completes new trade receivables finance programme

Rosenthal & Rosenthal completed a six-figure trade receivables finance programme for a ... (more…)

#Rosenthal


Finastra and Veem partner to offer AP and AR...

Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), has announced a partnership…

#digitalisation#digitisation#Finastra


IFA appoints participating observer to ULC Study Committee

The International Factoring Association (IFA) announced that Robert A. Zadek... (more…)

#International Factoring Association


Axiom Bank launches factoring, ABL and equipment finance division

Axiom Bank launches a new commercial finance division that will focus on factoring... (more…)

#Axiom Bank


Triumph promotes Valdez as President of factoring division

Triumph announced the appointment of Tim Valdez as President of its... (more…)

#Triumph#TriumphPay

TreviPay acquires Apruve

TreviPay, a US-based B2B payments and invoicing solutions provider, is set to acquire payments platform Apruve for an undisclosed amount.The…

#Apruve#automation#embedded finance

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