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SLR Business Credit has closed a US$10m senior secured asset-based facility backed solely by accounts receivable for B and B Oil Company, a 50-year-old fuel and lubricant distributor serving the southeastern United States. The borrower, based in East Point, Georgia,...
#accounts receivable#asset based lending#B and B Oil Company
Georgia’s factoring market remains relatively young, but increasing digitalisation, stronger bank participation and growing awareness among SMEs are helping the…
#digital factoring#factoring#Georgia