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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 faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs). As the ABF market...

#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


eCapital deliveres US$35m factoring solution to logistic provider

eCapital, a leader in financing solutions for small and medium businesses across North America and the UK, has granted a…

#eCapital#factoring#logistic company


nFusion Capital concludes US$8m factoring deal

nFusion Capital has provided an US$8m factoring facility to a client based in the United States. The client, a private…

#Alexandra S. Scoggin#factoring#NFusion Capital


WhiteHawk Capital Partners provides $350M ABL facility to Nephron...

WhiteHawk Capital Partners has entered into an agreement with Nephron Pharmaceuticals to provide a US$350m asset-based credit facility. The financing…

#ABL#asset based lending#WhiteHawk

Legacy Corporate Lending provides US$25m ABL facility to 888VoIP

Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006…

#ABL#asset based lending#Legacy Corporate Lending

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