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Citizens closes new US$450 million asset-based lending facility

Citizens Commercial Banking has closed a new US$450 million asset-based revolver to support a recapitalisation of... (more…)

#acquisition#bank#investment

Whiskey distiller granted asset-based lending facility

A craft rye whiskey distiller has received a US$25 million asset-based line of credit from... (more…)

#funding#JPMorgan#JPMorgan Chase


Capital Business Credit rebrands

In December last year, Capital Business Credit was acquired by White Oak Global Advisors in an effort to... (more…)

#commercial finance#management#White Oak


ATFA announces new president

The Association of Trade and Forfaiting in the Americas (ATFA) has announced that... (more…)

#bank#conference#international


Trucking company owner sentenced for factoring fraud

An owner of a trucking company was sentenced to more than four years in prison for defrauding a factoring company…

#factoring fraud#receivables


Blockchain invoice and trade finance platform announces new programme

An Ethereum-based invoice and trade finance platform has been launched that uses smart contracts, XBRL data and pegged stable tokens…

#AI#blockchain#invoice


New factoring software tested

A national invoice factoring company announced today that it is testing new software that interacts with... (more…)

#bank#commercial finance#funding


New platform to enhance factoring and reverse factoring established

A B2B network strategy that originated as a payment network behind SAP-Ariba and Tradeshift, amongst others, has failed after... (more…)

#bank#banks#trade


US$7.5 million asset-based revolving line of credit supplied to...

A US$7.5 million asset-based revolving line of credit for a Southeastern-based company engaged in the recycling of used motor oil…

#bank#WHO#working capital


Presidential Financial appoints new BDO

Atlanta based Presidential Financial have appointed a new business development officer who will be responsible for originating, structuring and funding…

#bank#commercial lending#funding


Therapy services provided US$8.5 million revolving credit facility

A therapy services company located in California has been provided a US$8.5 million revolving credit facility by... (more…)

#bank#management#working capital


ENGS Commercial Finance secures US$100MM ABS warehouse facility

ENGS Commercial Finance closed a US$100 million securitisation warehouse facility with the... (more…)

#bank#commercial finance#ENGS Commercial Finance

New Head of Factoring at Bibby

Bibby Financial Services (BFS) North America announced that... (more…)

#bank#commercial finance#financial services

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