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CIT Commercial Services provides US$45m factoring facility to logistics...

First Citizens Bank announced that its CIT Commercial Services subsidiary provided a US$45m non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region. The transaction was referred by Silicon Valley Bank, a division of First...

#asset based lending#CIT Commercial Services#factoring

WOCF provides US$90m senior secured revolving ABL facility

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors (White Oak), today announced it has provided a…

#ABL#asset based lending#White Oak


eCapital names Dan Ambrico as President of Commercial Finance...

eCapital Corp. (eCapital), a leading provider of financing for small and medium-sized businesses (SMBs) across North America and the UK,…

#ABL#commercial finance#Dan Ambrico


Viva Capital: Factoring ready for SMB blockchain adoption

Viva Capital, an established US invoice financier, says the factoring industry is well-poised to meet demand as small and mid-sized…

#blockchain#factoring


Rosenthal & Rosenthal secures US$2.5m PO financing and factoring...

Rosenthal & Rosenthal has finalised a US$2.5m combined purchase order financing and factoring agreement to support a US-based pet food…

#factoring#purcahse order#Rosenthal


Republic Business Credit supports US apparel manufacturer with factoring...

Republic Business Credit has provided a US$1,5m non-recourse factoring facility to a California-based apparel manufacturer, fueling the company’s growth plans.…

#factoring#Jason Carmona#Matthew Begley


CIT Commercial Services provides US$100m factoring facility to Wiesner...

CIT Commercial Services, a subsidiary of First Citizens Bank, has provided US$100m in factoring financing to Wiesner Products, a leading…

#CIT Commercial Services#factoring


Kilo Fund Management announces US$50m ABL facility

Kilo Fund Management (Kilo), a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of…

#asset based lending#asset-backed lending#Cordillera Investment Partners


IFA names Coface and NN6, LLC as Preferred Ally...

The International Factoring Association (IFA) announced that NN6, LLC, and Coface Services North America, Inc., have been named Preferred Ally…

#Coface#factoring#IFA


Cardo AI and Encina Lender Finance partner for ABF

Cardo AI and Encina Lender Finance, LLC (ELF) have created a partnership to revolutionise the asset-based finance (ABF) market, delivering…

#asset based finance#Cardo AI#ELF


WOCF provides US$60m facility to construction and infrastructure company

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors (White Oak), announced it has provided a US$60m…

#asset based lending#White Oak#White Oak Commercial Finance


1st Commercial Credit launches QuickBooks® integration for factoring

1st Commercial Credit, LLC, a US provider of invoice factoring solutions for businesses in staffing, manufacturing, distribution and transportation, is…

#1st Commercial Credit#API#factoring

Ares Capital appoints Kort Schnabel as Chief Executive Officer

Ares Capital Corporation (Ares Capital) announced Wednesday that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the…

#Ares capital#Ares Capital corporation#Kort Schnabel

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