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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. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management....

#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


AFS closes a US$5m ABL facility to a logistics...

Austin Financial Services (AFS) has announced the closing of a US$5m asset-based lending (ABL) facility consisting of an accounts receivable…

#asset based lending#Austin Financial Services#working capital


nFusion Capital appoints Curt Powell as new SVP

nFusion Capital announced that senior construction finance specialist Curt Powell has joined their team as Senior Vice President (SVP) of…

#construction factoring#Curt Powell#factoring


VersaBank partners with Watercress for Receivable Purchase Programme

VersaBank a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced through its…

#receivables financing#RPP#VersaBank


HFD secures US$500m healthcare receivables financing facility

Healthcare Finance Direct (“HFD”) has successfully closed a forward-flow credit fund with aggregate equity and debt commitments of up to…

#invoice finance#receivables finance

Trinity Capital Inc. provides US$12.5m in growth capital to...

Trinity Capital Inc. (Trinity), a leading alternative asset manager, has announced a commitment of US$12.5m in growth capital to Upward…

#Bob D'Acquisto#Glen Moller#Trinity Capital

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