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Rosenthal & Rosenthal completes US$50m factoring deal

Rosenthal & Rosenthal, Inc., a leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent US$50m factoring deal, including a US$15m financing facility, for a New Jersey-based home textiles company. After receiving new...

#e-commerce#purchase order#Rosenthal

Infor, Linklogis to deliver SCF solutions through Infor Nexus...

US-based business cloud software company Infor has announced leveraging Infor Nexus platform from Linklogis to boost SCF solutions for SMEs.…

#AI#blockchain#Nexus


Cambridge Savings Bank’s ABL team closes US$12.5m deal with...

Cambridge Savings Bank (CSB) announced the closing of a $12,500,000 senior secured credit facility with New England and Northeast Linen…

#bank#investment#Vice president


BMO Harris Bank boosts ABL with hires in Boston,...

BMO Harris Bank’s Asset-Based Lending (ABL) group announced that it has hired... (more…)

#BMO Harris Bank


Capital One agrees to buy B2B payments firm BlueTarp...

US-based B2B financing services provider BlueTarp Financial has announced it will... (more…)

#Capital One


BFS US names new EVP, National Sales Manager

Bibby Financial Services (BFS), a leading global financier for small and mid-sized businesses... (more…)

#bank#commercial finance#invoice


Allied Payment Network introduces digital bill pay technology

US-based bill payments provider Allied Payment Network has introduced a real-time digital bill payment tool using Finastra's FusionFabric.cloud. Allied Payment…

#bank#cloud#digital


Newbridge Global Sourcing provides US$30m in payables financing

Newbridge Global Sourcing (“Newbridge”), a leading specialty finance company focusing on payables funding, recently provided US$30m in supply chain financing…

#Newbridge Global Sourcing#suply chain finance


First Business Growth Funding names new vice president

...has joined First Business Growth Funding as vice president, Underwriting... (more…)

#First Business Growth Funding


BB&T and SunTrust to rebrand as Truist

BB&T and SunTrust Banks will rebrand as Truist following the merger of the two banks. Truist will be the sixth-largest…

#BB&T#SunTrust


US Deskera partners with Funding Societies to provide alternative...

San-Francisco-based Deskera, a cloud-based platform provider has announced... (more…)

#alternative financing#cloud#digitisation


US asset-based lender provides US$3m P/O finance facility

...closed a US$3m purchase order funding relationship with a... (more…)

#TradeCap Partners

Crestmark provided US$33.65m in ABL transactions

Crestmark’s Asset-Based Lending Divisions supplied US$33.65m in asset-based lending... (more…)

#working capital

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