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Commercial Credit

1st Commercial Credit provides US$2m factoring line to pallet manufacturer

‍1st Commercial Credit, LLC has closed a US$2m factoring facility for a rapidly expanding pallet manufacturer in the Mid-West region. The start-up pallet firm initially secured funding from a smaller factoring company but eventually surpassed the financial limits of their original partner....

#1st Commercial Credit#Commercial Credit#invoice

US receivables finance firm acquires Keystone Equipment Finance

Commercial Credit, Inc. (CCI), a Charlotte, North Carolina, US-based accounts receivable ... (more…)

#Commercial Credit


German insurers negotiate extension to COVID-19 credit insurance backstop

German insurers are said to be in the concluding stages of negotiating a six-month extension to... (more…)

#Commercial Credit#conference#guarantees


Commercial Funding Inc. closes first ABL transaction

Commercial Funding Inc., an american provider of invoice factoring and accounts receivable... (more…)

#Commercial Credit#funding#invoice


Euler Hermes to cut insurance coverage in Germany

Euler Hermes' explosive announcement: the commercial credit insurer wants to withdraw commercial... (more…)

#Commercial Credit#German Factoring Association#risk


Crestmark promotes Trendell to business development officer

Crestmark appointed John Trendell II to a business development officer role... (more…)

#Commercial Credit#i#Vice president


MAV Argentina records first factoring operation

The Argentinean Stock Market (MAV) registered the first factoring operation... (more…)

#Access to Finance#Commercial Credit#invoice


US firm roles out V1.0 trucking invoicing software with...

...launches MyBizPad™ Version 1.0 trucking invoicing software with an accounts receivable factoring module... (more…)

#1st Commercial Credit#assignment#Commercial Credit


Business Factors and Finance launches a new service for...

Business Factors & Finance, a fintech services company operating in the US and Canada, announces... (more…)

#bankruptcy#Commercial Credit#risk


US bank buys majority equity in receivables and equipment...

Merchant bank BDT Capital Partners has made a majority equity investment in accounts receivable and equipment finance company Commercial Credit.…

#Commercial Credit


US invoice finance provider funds its 47th temp staffing...

... a Texas based finance company providing invoice factoring services for temporary staffing agencies, has recently funded ... (more…)

#1st Commercial Credit#cash-flow#Commercial Credit


1st Commercial Credit to provide factoring software for free

1st Commercial Credit announced today it will be subsidizing the cost of the software for... (more…)

#1st Commercial Credit#Commercial Credit#invoice

US receivables financier establishes new AR finance transport team

...has created a new group focused solely on receivable finance of transport industry... (more…)

#AR#bank#Commercial Credit

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