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Factoring.io starts factoring business in US

This weekend, Factoring.io announced the launch of its invoice and accounts receivable factoring company and the unveiling of the company's new website. This new venture will provide small businesses with the financing they need to grow and fill the invoice...

#alternative financing#cash-flow#digital

Bell Bank launches asset-based lending and factoring solution

Bell Bank launches Bell Business Credit, a specialty lending team ... (more…)

#bank#banks#commercial finance


Finacity facilitates venture debt funding programme for Immersive Gamebox

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

#debt finance#White Oak Company


California Bank of Commerce creates new specialty banking division

California Bank of Commerce (CBC) set up a new division focused on speciality lines of business to... (more…)

#bank#cash-flow#CIBC


LSQ provides SCF programme to Rochester Iron & Metal

LSQ, a leading provider of working capital finance and payments solutions... (more…)

#LSQ#supply chain finance#working capital


Huntington National Bank selects LiquidX to streamline SCF

Huntington National Bank (HNB) announced today it had selected LiquidX to provide an automated, end-to-end back-office solution to scale its trade…

#LiquidX#supply chain finance


Factoring fraudster sentenced to 63 months in US prison

A Monmouth County, New Jersey, a man was sentenced today to 63 months in prison for defrauding lenders of US…

#funding#invoice#MAN


Jennifer Palmer of eCapital to lead SFNet

eCapital Corp. (eCapital or the Company), a leading finance provider for businesses across North America and... (more…)

#eCapital#SFNet


Siena Lending Group concludes $50m ABL facility

Siena Lending Group closed a $50m asset-based lending (ABL) facility in a form of revolving line of... (more…)

#Siena Lending Group


Webster Bank appoints Abby Parsonnet as Head of Asset...

Webster Bank announces that Abby Parsonnet is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank.…

#bank#i#leadership


AFA announces key board retirement and new board members

The American Factoring Association (AFA) announced the retirement of Allen Frederic, their first Board President and long-serving board member. Frederic…

#AFA#Managerial Appointments


CIT Commercial Services agrees on $50m factoring facility with...

CIT Commercial Services, a subsidiary of First Citizens Bank, has finalized a ... (more…)

#CIT#CIT Commercial Services

US fintechs surpass banks in troubled areas, new study...

The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an…

#AI#credit scoring

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