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Republic Business Credit, a national commercial finance company offering working capital financing, provided a US$5m factoring facility to support the growth of a fleet management services company. The company was recently acquired by a private equity sponsor that partnered with...
#asset based lending#Republic Business Credit
Liberis, a leading global embedded finance provider, has announced the US launch of its new Buy Now, Pay Later product,…
#buy now pay later#embedded finance#Kerry Melchior
Carriox Capital II LLC (Carriox), a New York-based receivables-financing company has filed for Chapter 11 bankruptcy protection. Court filings showed…
#Carriox#Chapter 11#fraud
The US government’s bankruptcy watchdog has requested the appointment of an independent examiner to investigate the collapse of auto parts…
#bankrupcy#First Brands
First Citizens Bank, the wholly owned banking subsidiary of First Citizens BancShares, Inc., has entered into an agreement to acquire…
#BMO bank#expansion#First citizen bank
nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, announced the funding of a US$3m factoring…
#accounts receivable#factoring#NFusion Capital
SLR Capital Partners, LLC (SLR) has appointed Mac Fowle as President of Asset-Based Lending (ABL), a newly created position designed…
#ABL#asset based lending#Mac Fowle
Crown Agents Bank (CAB) is proud to announce the appointment of Jeffrey Angard (pictured) as its new Chief Executive Officer…
#Crown Agents Bank#Jeffery Angard#risk mitigation
Lendscape, a leading technology provider in secured finance, today announced the acquisition of WinFactor, a US-based software company serving the receivables…
#acquisition#innovation#Lendscape
Gibraltar Business Capital (GBC), an asset-based lender, has closed a US$22m senior secured facility for Monterey Mushroom Holdings, LLC, the…
#Gibraltar Business Capital#Monterey Mushrooms#working capital
Multiple law firms launch investigations into Jefferies Financial Group (Jefferies) following US$715m exposure disclosure to the bankrupt First Brands Group,…
#First Brands#Jefferies#Point Bonita Capital
Cleo, the pioneer and global leader in AI-native supply chain orchestration solutions and provider of the Cleo Integration Cloud (CIC) platform,…
#Cleo#Cleo Invoice Pay#embedded invoice financing
eCapital, a technology-driven specialty finance provider serving small and medium-sized businesses across North America and the United Kingdom, has renewed…
#Ares Credit Funds#asset based finance#eCapital