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CIT provides US$35m ABL facility to Utopia Deals

CIT, a division of First Citizens Bank, recently announced that its asset-based lending (ABL) ... (more…)

#CIT

IFA announced new preferred vendor

The International Factoring Association (IFA) has added... (more…)

#commercial finance#forum#international


MUFG completes sale of MUFG Union Bank to U.S....

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all…

#MUFG#MUFG Bank#MUFG Union Bank


Kyriba and J.P. Morgan Payments launch new real-time treasury...

Kyriba, a global leader of cloud-based finance and IT solutions, and... (more…)

#supply chain finance


US invoice financier closes US$85m credit facilities

Viva Capital Funding, LLC (VCF), an invoice finance company supporting the... (more…)

#bank#invoice#receivables


Finacity increases receivables securitisation for Vitro to US$175m

Finacity Corporation, a White Oak Company, (Finacity) announced that it has successfully upsized... (more…)

#receivables securitisation#Vitro#White Oak Company


Supply chain finance firm strengthens its advisory board

Supply chain finance disruptor TCC (Trade Capital Corporation) announced... (more…)

#supply chain finance#Trade Capital Corporation


Great Rock Capital adds senior originator in New York...

Great Rock Capital, an asset-focused commercial finance company specialising in middle... (more…)

#Great Rock Capital


PayUp announces partnership with nFusion Capital

Peter Rex, founder and Executive Chairman of Rex, announced that PayUp, a Rex company, has partnered with Austin-based... (more…)

#working capital finance


Finacity and DZ BANK upsize receivables securitisation for Nitron...

Finacity Corporation, a White Oak Company, (Finacity) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank... (more…)

#DZ Bank#receivables securitisation#White Oak Company


AFA advocates for rule change in New York

The American Factoring Association (AFA) recently filed comments with the Office of General Counsel... (more…)

#AFA

WTW and Citi partner with Great American Insurance Company...

WTW and Citi have successfully placed an innovative insurance facility with Great American Insurance Company’s FCIA Trade Credit & Political…

#receivables#trade credit insurance#wtw

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