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Siena Lending Group closed a $50m asset-based lending (ABL) facility in a form of revolving line of... (more…)
#Siena Lending Group
Webster Bank announces that Abby Parsonnet is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank.…
#bank#i#leadership
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, a subsidiary of First Citizens Bank, has finalized a ... (more…)
#CIT#CIT Commercial Services
The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an…
#AI#credit scoring
There was confidence in the asset-based lending market in the second quarter despite the economic pain of... (more…)
#Secured Finance Network
Bridge Bank has just announced a significant expansion of its growing asset-based lending team, part of the bank’s Capital Finance…
#Bridge Bank
White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, has provided... (more…)
#non-recourse factoring#White Oak Commercial Finance#White Oak Global Advisors
Farrah Vargas joins ENGS Commercial Capital, a group company of Mitsubishi HC Capital... (more…)
#ENGS Commercial Capital#Mitsubishi HC Capital
Solifi, a global fintech software partner for secured finance, announced... (more…)
#Inventory finance#Solifi
According to the U.S. Attorney’s Office for the Western District of Texas, five persons from... (more…)
#factoring fraud
BigCart, a FinTech company that provides a broad portfolio of innovative, secure B2B electronic payment solutions, has announced a strategic…
#Cash flow#cash-flow#OpenText
If we have come to some consensus that the American economy is at best treading water, let’s turn our attention…
#inflation#Mark Mandula#smes