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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


SFNet’s latest report reflects confidence

There was confidence in the asset-based lending market in the second quarter despite the economic pain of... (more…)

#Secured Finance Network


Bridge Bank expands asset-based lending team

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 delivers US$4m non-recourse factoring facility

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

ENGS Commercial Capital names new VP and BDO

Farrah Vargas joins ENGS Commercial Capital, a group company of Mitsubishi HC Capital... (more…)

#ENGS Commercial Capital#Mitsubishi HC Capital

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