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First Business Bank’s Accounts Receivable Financing group has announced the funding of a US$7.5m factoring facility for a manufacturer of outdoor lighting products currently undergoing a strategic turnaround. The client, a well-established company in the outdoor lighting industry, encountered significant...
#accounts receivable#factoring#First Business Bank
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
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
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, 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 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
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
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
In 2023, the 24 members of the Polish Factors Association (PFA) achieved a turnover of EUR 103.4bn, which represents a…
#factoring#PFA#Polish Factors Association
eCapital Corp. (eCapital), a leading provider of financing for small and medium-sized businesses (SMBs) across North America and the UK,…
#ABL#commercial finance#Dan Ambrico
Viva Capital, an established US invoice financier, says the factoring industry is well-poised to meet demand as small and mid-sized…
#blockchain#factoring
The Portuguese economy entered 2023 with its best performance in over 25 years, with GDP 6.7 per cent higher than…
#ALF#ASSOCIAÇÃO PORTUGUESA DE LEASING FACTORING E RENTING#factoring
Rosenthal & Rosenthal has finalised a US$2.5m combined purchase order financing and factoring agreement to support a US-based pet food…
#factoring#purcahse order#Rosenthal