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commercial financing

iwoca secures £200m new debt facility

UK-based small business lender iwoca has received a new £200m funding line with initial commitments from Barclays and Värde Partners.In January this year, iwoca secured an increase and extension to its existing funding line, with long-standing partner Pollen Street Capital...

#commercial financing#iwoca#SME lending

New York ratifies commercial financing disclosure law

The Governor of New York,  Andrew Cuomo, signed the law S 5470–B, which requires consumer-like disclosures for... (more…)

#commercial financing


RAKBANK arranges AED125m (US$34m) financing to UAE commercial finance...

RAKBANK has announced the arrangement of a AED 125m (US$34m) credit facility to... (more…)

#bank#commercial finance#commercial financing


Bibby provides USD2.5m factoring facility

Bibby Financial Services has announced providing a USD2.5m non-notification factoring facility to a media distribution company based in California (more…)

#commercial financing#financial services#funding


SVB seeking UK licence

America s Silicon Valley Bank (SVB) is said to be applying for a UK banking licence that will allow the…

#bank#commercial finance#commercial financing


Bibby provides accounts receivable financing for Niagara Mist

Bibby has opened a US$250,000 credit facility for the benefit of Niagara Mist Marketing. (more…)

#cash-flow#commercial financing#financial services


EDC invests in venture debt fund to benefit SME...

Export Development Canada (EDC) announced that it has invested CAD10m (US$8.78m) in the WF Fund III Limited Partnership, a CAD$125m…

#commercial financing#emerging markets#exporters


AEX launches credit card factoring guide

AEX Commercial Financing Group, LLC today announced that it has published The Credit Card Receivables Guide to assist business owners…

#bank#cash-flow#commercial financing


Cerberus's GMAC bid gathers steam

Cerberus Capital Management may secure funding for a potential bid on General Motors Corp.'s financing arm from its portfolio firm…

#bank#banks#commercial financing


Peninsula Factoring to raise NIS100m to finance expansion

The first factoring company to tap the capital market to finance expansion, Peninsula Factoring is preparing a prospectus to raise…

#bank#bonds#commercial financing


GE Commercial Finance agrees to acquire most of Transamerica's...

GE Commercial Finance, the business-to-business financial services unit of the General Electric Company, has announced it has agreed to acquire…

#commercial finance#commercial financing#financial services


Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri…

#commercial finance#commercial financing#Credit Suisse


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