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US retailers say trade credit insurance plan could increase...

The National Retail Federation (NRF) welcomed a report released this week calling for a federal... (more…)

#Atradius#guarantees#trade

AAFA: Lack of trade credit insurance could hinder US...

The American Apparel and Footwear Association (AAFA) in a statement urged... (more…)

#trade credit insurance


Covenant sells its factoring arm

Covenant is getting out of the factoring business. The assets of ... (more…)

#Triumph


CIT names managing director to lead asset-based lending unit

CIT Group Inc. announced it has named Chris Esposito as managing director in charge of its... (more…)

#asset-based lender#bank#commercial finance


Taulia secures investments from Ping An, J.P. Morgan, and...

Taulia has announced a funding round of US$60m led by the Ping An Global Voyager Fund with... (more…)

#funding#J.P. Morgan#machine learning


Bridge Bank expands Capital Finance team with new managing...

Bridge Bank announced it is expanding its... (more…)

#Bridge Bank


Love’s Financial acquires two freight factoring companies

Love's Financial (Love's), a member of the Love's Family of Companies, has acquired two freight factoring... (more…)

#financial services#Two


CIBC adds new managing director of business development for...

CIBC expanded its US asset-based lending capabilities in Buffalo, NY, by naming... (more…)

#CIBC


eCapital acquires 100% ownership of a US factoring company

eCapital Corp.(eCapital), formerly known as Global Merchant Fund Corp., through one of its subsidiaries, has... (more…)

#eCapital


LiquidX appoints executive from Allianz’s Euler Hermes unit as...

LiquidX announced the appointment of ... (more…)

#LiquidX


Rosenthal & Rosenthal provides US$4m PO facility

Rosenthal & Rosenthal completed a purchase order (PO) finance facility to support the... (more…)

#bank#management#PO


White Oak Commercial Finance provides US$81m credit facility to...

White Oak Commercial Finance provided an US$81m asset-based credit facility to the... (more…)

#White Oak Commercial Finance

US SMEs explore how to determine early invoice payments

While there are many unknowns about the long-term financial impact of the pandemic on... (more…)

#smes

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