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FASB ratifies new SCF reporting rule

U.S. companies will have to disclose the terms and the size of their supply-chain financing programmes under a new rule from the Financial Accounting Standards Board, which was approved on Wednesday, the Wall Street Journal (WSJ) reports. Previously such disclosure was...

#supply chain finance

How do we nurture creativity in our global factoring...

I think by taking the first step in this journey (by learning and researching creativity in articles like this), we…

#creativity#Mark Mandula#McKinsey & Company


Mountain Ridge Capital partners with Solifi ABL to accelerate...

Solifi™, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s…

#alternative lending#cloud#digital


How do we nurture creativity in our global factoring...

Each of us can become more effective leaders in our factoring firms. There is little doubt that the skill set…

#creativity#Mark Mandula#McKinsey & Company


Solifi names Mithu Bhargava as president

Solifi™, a global fintech software partner for secured finance, announced that Mithu Bhargava joined the company as its first president.…

#Corporate appointments


Confidence in US ABL market remains high

Confidence in the asset-based lending market was positive in the first quarter but banks and other lenders are watchful of…

#bank#non-bank lenders#recession


Finacity facilitates a $70m receivables securitisation programme for American...

Finacity Corporation (“Finacity”), a White Oak Company, has successfully facilitated a $70m (£59m) receivables securitisation programme for American Airlines, Inc.,…

#receivables securitisation


Mark S. Mandula named Senior Vice President, United Capital...

Mark S. Mandula, a recognised global expert in the factoring, supply chain and receivables finance industries has been named senior…

#Corporate appointments


Uncertainty and the global factoring industry

There can be little argument that we live and operate our factoring firms in a world that is witnessing increasing…

#interest rates#Mark Mandula


HSBC and PVH Corp. partner on first sustainable SCF...

HSBC Bank USA and PVH Corp. have announcing the first sustainable supply chain finance... (more…)

#PVH Corp


Pittco invests in MediaMark Factoring

On Wednesday 22 of June 2022, Pittco Direct Investments a direct investing division of Pittco Management... (more…)

#digital#investment#investments


Brian Daray joins Republic Business Credit as SVP, Head...

Brian Daray has joined Republic Business Credit as Senior Vice President, Underwriting Manager at its ... (more…)

#Republic Business Credit

MidCap Financial provides US$70m facility to luxury accessories online...

MidCap Financial provided a US$70m senior secured revolving credit facility... (more…)

#asset based finance#MidCap Financial#working capital

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