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accounts receivable

Intuit agrees to acquire Sequence to expand AI-driven B2B...

Intuit has agreed to acquire London-based revenue management company Sequence, expanding its presence in business-to-business invoicing, collections and automated revenue administration as it targets larger corporate customers. The US financial software group announced the agreement on 15 October, saying Sequence's...

#accounts receivable#artificial intelligence#B2B invoicing

Iridium Credit raises US$3m for automated invoice verification and...

Iridium Credit has raised US$3m to expand an invoice-verification platform designed to help factoring companies check entire receivables portfolios rather…

#accounts receivable#Anthony Eden#debtor confirmation


Teads reveals US$125m non-recourse receivables facility spanning US and...

Teads Holding has disclosed a four-year US$125m non-recourse accounts receivable financing facility built around receivables generated by operating subsidiaries in…

#accounts receivable#non-recourse financing#Outbrain


Siena provides US$52.5m ABL facility backed by receivables, inventory...

Siena Lending Group has closed a US$52.5m asset-based credit facility for a US food distributor, using assets ranging from accounts…

#accounts receivable#asset based lending#collateral


Wesco expands ABL and receivables securitisation facilities to US$3.6bn

Wesco International has increased capacity across its asset-based revolving credit and receivables securitisation facilities by a combined US$325m, lifting their…

#ABL#accounts receivable#asset based lending


SLR backs 10-day fuel supplier cycle with US$10m receivables-only...

SLR Business Credit has closed a US$10m senior secured asset-based facility backed solely by accounts receivable for B and B…

#accounts receivable#asset based lending#B and B Oil Company


ABM discloses US$300m trade receivables financing agreement

ABM Industries has disclosed a US$300m trade receivables financing agreement, adding a new funding source as stronger working-capital management helped…

#ABM Industries#accounts receivable#Cash flow


Hisense plans RMB2.5bn non-recourse factoring programme to accelerate cash...

Hisense Visual Technology is proposing up to RMB2.5bn of non-recourse accounts receivable factoring with Hisense Group Finance, creating a sizeable…

#accounts receivable#cash conversion#China


Starling secures US$25m SLR revolver against receivables as first...

Starling Oncology has put a US$25m revolving facility in place with SLR Healthcare ABL, using an accounts-receivable borrowing base to…

#accounts receivable#asset based lending#Gemino Healthcare Finance


eCapital provides US$10m ABL to Florida flight-training company in...

eCapital has provided a US$10m asset-based revolving credit facility to a Florida flight-training company undergoing a broad operational and financial…

#accounts receivable#asset based lending#aviation finance


Billtrust brings live receivables data into Claude and Microsoft...

Billtrust has launched a Model Context Protocol server that allows finance teams to interrogate live accounts-receivable data from within Claude…

#accounts receivable#artificial intelligence#Billtrust


Late payment report exposes working capital strain across receivables

A new accounts receivable report has highlighted the continuing pressure late payments place on business cash flow, with companies still…

#accounts receivable#collections#late payments

Agentic AI moves into accounts receivable as firms target...

The agentic era has arrived, and it’s rewriting cash flow rules  Author: Dave Ruda, VP Product at Billtrust  “We were…

#accounts receivable#AI#collections

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