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factoring

Swiss fintech acquires factoring activity of grenke AG

The Swiss fintech Teylor is accelerating its growth trajectory. Following the acquisition of the SME financing platform creditshelf in May 2024, the company today announces the acquisition of the entire factoring division of grenke AG. Last year alone, the seven...

#factoring#GRENKE#Patrick Stäuble

Republic Business Credit funds US$10m factoring facility

A leading global manufacturer of child, toddler and infant safety products secured its first senior lending facility in the U.S.…

#Eric Dorner#factoring#Republic Business Credit


Star Funding names new VP to fuel growth

STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…

#Bryan Maloney#Cash flow#factoring


WFY’24: Robust export growth drives strong sales for trade...

Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…

#factoring#Le Ngoc Hieu#Nguyen Minh Anh


FactorFox returns to founder Robert Vasquez in strategic move

Robert Vasquez, original founder of FactorFox, has reacquired both FactorFox and its Latin American counterpart, iProveedor. This strategic return marks…

#ABL#AI#FactorFox


First Business Bank provides US$7.5m factoring facility

First Business Bank’s Accounts Receivable Financing group has announced the funding of a US$7.5m factoring facility for a manufacturer of…

#accounts receivable#factoring#First Business Bank


Factoring – unlocking MSMEs growth in the Philippines

Micro, Small, and Medium Enterprises (MSMEs) make up 99.5 per cent of businesses in the Philippines, with a significant portion…

#factoring#Personal Property Security Act#Securities and Exchange Commission


Lenvi Riskfactor signs strategic partnership with ANACONDA

The UK’s leading receivables finance and factoring portfolio risk-monitoring solution, Lenvi Riskfactor, has announced its latest strategic partnership with e-trusco’s…

#Anaconda#factoring#Lenvi Riskfactor


WFY’24: Relatively stable year for UK factoring and ABL...

The year 2023 was a relatively stable year for the invoice finance and asset-based lending (IF/ABL) sector in the United…

#asset based lending#factoring#invoice finance


LOLC Al-Falaah launches Sri Lanka’s first Shariah-compliant factoring solution

LOLC Al-Falaah, a leading provider of alternative financial solutions in Sri Lanka, has launched "Al-Falaah Wakalah Future-Cash," the country’s first…

#Al-Falaah Wakalah#factoring#factoring facility


Renasant and The First announce receipt of regulatory approvals...

Renasant Corporation (Renasant) and The First Bancshares, Inc.(The First) jointly announced that they have received all necessary regulatory approvals to…

#asset based lending#factoring#Renasant Corporation


WFY’24: ‘Factoring is Turkey’s second largest financial industry after...

The Turkish economy grew by 4.5 per cent in 2023, according to official figures. Filiz Ünal, Deputy Secretary General, Factoring,…

#factoring#Filiz Ünal#The Association of Financial Institutions

CIT Commercial Services provides US$45m factoring facility to logistics...

First Citizens Bank announced that its CIT Commercial Services subsidiary provided a US$45m non-recourse factoring facility to a sponsor-owned, technology-driven…

#asset based lending#CIT Commercial Services#factoring

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