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Secured Finance Network publishes mid-year factoring survey

Overall healthy factoring demand, while less than anticipated due to weaker spending in key client sectors, suggests that the factoring industry is agile, resilient and open to new business. In line with that, the Secured Finance Network (SFNet) Mid-Year Factoring...

#Secured Finance Network

SLR Business Credit acquires US$115m factoring portfolio from Webster...

SLR Investment Corp. announced that on September 27, its subsidiary, SLR Business Credit, acquired an asset-based factoring portfolio and operations…

#acquisition#asset based lending#factoring


Outgo reaches a new milestone in freight factoring

Freight factoring provider, Outgo, announced it has achieved a new milestone, becoming the industry leader in funding speeds for carriers…

#freight factoring#Outgo


Viola reveals US$500m strategic JV with Cadma to expand...

Viola Credit (Viola), a global asset-based lending provider and Cadma Capital Partners (Cadma), a speciality financing company for high-growth technology…

#alternative credit asset manager#asset based lending#Cadma Capital Partners


First Pacific Bank expands its instant payments offerings with...

Finastra announced that First Pacific Bank, a Southern California-based community bank that offers custom financial solutions for individuals and businesses,…

#Finastra#First Pacific Bank#open finance


CapitalPlus provides US$3m working capital to construction firm

CapitalPlus Supply, a US speciality finance company, is announcing that it has provided a US$3m in materials to a prominent…

#CapitalPlus#CapitalPlus Supply#purchasing programme


Forward Financing increases existing funding facilities to support further...

Forward Financing announced that the company increased their existing US$250m credit facility to US$450m. “This significant expansion of our credit…

#Christopher Chiou#Forward Financing


American Factoring Association applauds Congressman Lucas’ CASH Act

On 16th of September, Congressman Lucas introduced the Capital Access for Small Businesses Harmonization Act or the CASH Act. The…

#American Factoring Association#CASH Act#Congressman Lucas


Catamount Funding launches purchase order financing

Catamount Funding (Catamount), a US provider of receivables finance solutions, has announced the launch of a new product, purchase order…

#cash flow constrains#Catamount Funding#purchase order financing


White Oak Commercial Finance hires two new executives

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, today announced the hiring of two new executives:…

#asset based lending#DeBernardo#eCapital


Fora Financial closes US$126.9m receivables securitisation

Fora Financial, a leading provider of financing to small and medium-sized businesses (SMBs) across the United States, announced today the…

#account receivables#Fora Financial#receivables securitization


1st Commercial Credit launches international invoice factoring for inbound...

1st Commercial Credit LLC is announcing today the expansion of its financial services with the launch of international invoice factoring…

#1st Commercial Credit#international factoring#Raul Esqueda

Rapid Finance integrates with Q2’s platform to expand SME...

Rapid Finance, a leader in small business financing, has announced its integration with Q2’s Digital Banking Platform and entry into…

#alternative finance#fintech#Q2

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