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CPS announces closing of US$345.61m senior subordinate asset-backed securitisation

Consumer Portfolio Services, Inc. (CPS) has announced the successful closing of a US$345.61m senior subordinate asset-backed securitisation transaction, marking the Company’s first term securitisation of 2026. The securitisation, executed through CPS Auto Receivables Trust 2026-A, comprises five classes of asset-backed...

#securitisation

American Factoring Association announces new board leadership

The American Factoring Association (AFA) has announced the election of Cole Harmonson as its new Board President. Harmonson succeeds Ryan…

#factoring


Republic Business Credit provides US$6m ABL facility to pharmaceutical...

Republic Business Credit has provided a US$6m asset-based loan to a national pharmaceutical manufacturer to support the business during a…

#asset based lending


Oxford Finance’s ABL division closes first deal with AMX...

Oxford Finance LLC (Oxford), a leading specialty finance firm, is proud to announce the successful closing of its first transaction…

#asset based lending


Installed Building Products, Inc. increases its ABL facility to...

Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced the closing of a private…

#asset based lending


Austin Financial Services closes US$10m ABL facility for logistics...

Austin Financial Services, Inc. (AFS) has announced the closing of a US$10m accounts receivable revolver for a leading logistics and…

#asset based lending


Jarrad Herzog joins Eastern Bank as Senior Vice President,...

Eastern Bank announced the appointment of Jarrad Herzog as Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more…

#asset based lending


First Brands launches sale process amid allegations of improper...

First Brands Group (First Brands) has launched a formal sale process to market and sell its business, either as a…

#bankruptcy


Sallyport Commercial Finance signs US$2m A/R facility for a...

Sallyport Commercial Finance has announced a US$2m accounts receivable (A/R) facility for a fast-growing Canadian food manufacturing and Consumer Packaged…

#receivables finance


Altriarch closes US$20m factoring facility for staffing & workforce...

Altriarch Asset Management, LLC (Altriarch) has announced the closing of a US$20m invoice factoring facility to support the ongoing expansion…

#factoring


Abacus Global Management launches asset-based finance strategy

Abacus Global Management (Abacus), a publicly traded alternative asset manager has announced the launch of a new asset-based finance (ABF)…

#asset based finance


eCapital backs specialized carrier with US$9m freight factoring facility

eCapital Corp. (eCapital), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom,…

#freight factoring

Mitsubishi HC Capital America announces new President & CEO

Mitsubishi HC Capital America, a leading provider of financing and asset solutions that power the North American economy, has  announced…

#asset based lending

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