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Cambridge Savings Bank (CSB) announced the closing of a $12,500,000 senior secured credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products to upscale...
#bank#investment#Vice president
BMO Harris Bank’s Asset-Based Lending (ABL) group announced that it has hired... (more…)
#BMO Harris Bank
US-based B2B financing services provider BlueTarp Financial has announced it will... (more…)
#Capital One
Bibby Financial Services (BFS), a leading global financier for small and mid-sized businesses... (more…)
#bank#commercial finance#invoice
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 (“Newbridge”), a leading specialty finance company focusing on payables funding, recently provided US$30m in supply chain financing…
#Newbridge Global Sourcing#suply chain finance
...has joined First Business Growth Funding as vice president, Underwriting... (more…)
#First Business Growth Funding
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
San-Francisco-based Deskera, a cloud-based platform provider has announced... (more…)
#alternative financing#cloud#digitisation
...closed a US$3m purchase order funding relationship with a... (more…)
#TradeCap Partners
Crestmark’s Asset-Based Lending Divisions supplied US$33.65m in asset-based lending... (more…)
#working capital
Versant Funding announced a US$24m non-recourse factoring facility for a... (more…)
#funding#non-recourse factoring#recourse factoring
Validis, a pioneer of financial data sharing and standardization technology, headquartered ... (more…)
#SME lending#Validis