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financial services

Altriarch Specialty Finance Fund provided US$43.5m to US factoring...

Altriarch Specialty Finance Fund, LP (Altriarch), a leading private credit manager based in Charleston, South Carolina, recently provided US$43.5m in committed capital to factoring companies across the US. The current economic landscape poses challenges for the factoring industry, with increasing interest rates and...

#financial services#interest rates#management

Hampton Financial Corporation to acquire Oxigen Working Capital Corp.

Hampton Financial Corporation (Hampton) announced that it has entered into a non-binding letter of intent, dated as of October 31, 2023... (more…)

#commercial lending#financial services#management


Thorn completes debtor finance receivables’ sale to OptiPay

According to a press release, on 26 September 2023, Thorn Group Limited (Thorn) has announced that they signed an agreement…

#financial services#invoice#receivables


Mountain Ridge Funding launches factoring platform Alpine Ridge Funding

Mountain Ridge Funding, a specialist of asset-based lending and term loans to middle-market businesses, launches officially its factoring company Alpine…

#bank#Bank of America#commercial finance


ADB approves US300m finance to increase access to financial...

The Asian Development Bank (ADB) has approved a US$300m policy-based loan to support the ... (more…)

#Asia Development Bank#financial inclusion#financial services


MonetaGo’s Secure Financing integrates with Teselate’s hive.t

Financial technology solutions provider MonetaGo has announced a new partnership with financial services digital transformation firm Tesselate. MonetaGo’s Secure Financing…

#digitalisation#digitisation#financial services


Wells Fargo Commercial Banking names Bans head of Middle...

Wells Fargo Commercial Banking has announced Bobby Bans as head of Middle Market Asset-Based Lending ... (more…)

#bank#Bank of America#financial services


Bibby Financial Services provides invoice discounting package to Comparison...

Independent funder, Bibby Financial Services (BFS), has supported major telecommunications comparison company... (more…)

#financial services#invoice#management


Loxbear Advisory appoints new Director to support invoice finance...

The invoice finance and ABL advisory firm, Loxbear Advisory, has strengthened its team... (more…)

#bank#financial services#invoice


9th Alternative & Receivables Finance Forum 2023

Accessibility, innovation, efficiency and social impact have become the most looked for goals of modern financial services. Alternative and receivables…

#AI#blockchain#financial services


Bibby Financial Services partners with Kesslers London Ltd to...

Independent funder, Bibby Financial Services (BFS), has provided retail designer and manufacturer Kesslers London Ltd with a £3m Confidential Invoice…

#financial services#international#invoice


Digitalisation of the factoring and receivable finance business

The continual technological enablement impacts our everyday personal and professional lives, and the world of open accounts is flooded by…

#bank#financial services#invoice

Palmer launches new ABL firm

Jennifer Palmer is announcing the formation of asset-based lending (ABL) company, JPalmer Collective. The new firm will provide customised financing…

#commercial finance#financial services#international

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