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USA

US jewellery distributor is sentenced in multi-million USD factoring...

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company... (more…)

#factoring fraud

Wells Fargo Supply Chain Finance provides US$33m financing for...

Wells Fargo Supply Chain Finance, a division of Wells Fargo & Company, completed a US$33 million... (more…)

#AI#awards#channel


First Financial Bancorp. and MainSource Financial Group, Inc. complete...

First Financial Bancorp. (First Financial) announced that it has completed its previously-announced merger with MainSource Financial Group, Inc. (MainSource)... (more…)

#commercial finance


US factoring provider closes two A/R facilities for US$8.5m

...closed two accounts receivable facilities for a total of $8.5 million... (more…)

#funding#receivables#security


Eximchain raises USD 20m for blockchain-based supply chain platform  

Eximchain has raised USD 20m from strategic investors to support blockchain-based enterprise supply chain... (more…)

#blockchain#management#security


Purchase order finance – empowering lenders and borrowers

Edward King, the Founder and Managing Partner of Trade King Capital explains in this article what in his view purchase…

#purchase order


US commercial financier relocates office to accommodate expansion

...announced the relocation and expansion of its corporate headquarters to a larger space in... (more…)

#ENGS Commercial Finance


US fintech tackles late payments with blockchain-based system

...has announced the closing of a USD 3.8m financing round, which was led by... (more…)

#blockchain#funding#Fuse


US Chamber of Commerce to support change of legislation...

The US Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community…

#SME lending


US partnership for invoice automation, supplier enablement and dynamic...

...a global IT consulting and strategy provider, and ... a Silicon Valley fintech Software-as-a-Service (SaaS) company that specializes in automating accounts…

#accounts payable#invoice#management


US company completes acquisition of asset-based lender

...a specialty finance company announced that it has entered the commercial finance sector through its strategic acquisition of... (more…)

#asset-based lender#commercial finance#Gibraltar Business Capital


US Court ruling strengthen PACA Trust provisions

In what is being called an “important decision” for the produce industry, on Feb. 22, the US Court of Appeals…

#cash-flow#receivables#security

CIT makes new appointment to help factoring development

...has joined CIT Group’s commercial services team as a senior business development officer... (more…)

#bank#BB&T#commercial finance

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