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Marco delivers US$20m factoring facility for US exporter

Fintech company Marco has provided US$20m factoring facility to a NY-based exporter. This facility underlines Marco’s commitment to supporting the growth ambitions of SMEs. As the company continues to develop and extend its global footprint, it remains dedicated to SMEs...

#fintech#innovation#smes

Plantforce secures £60m ABL facility

Bristol-based plant hire supplier Plantforce has secured a £60m funding line from its existing banks to invest in its hire fleet over…

#bank#banks#funding


First Citizens Bank’s ABL business delivers up to US$400m...

First Citizens Bank has announced that its asset-based lending (ABL) business will provide up to US$400m financing to WhiteHawk Fund…

#bank#financial institution#financial services


CloudTrucks is exiting factoring business

CloudTrucks has announced that his company is exiting the factoring business as they want to concentrate on their core offerings:…

#factoring industry#innovation


Reltime and GNB Swiss Investments AG new partnership to...

Reltime, a leading Web 3.0 fintech specialising in cutting-edge payment technologies is thrilled to announce a groundbreaking partnership with GNB…

#acquisition#banks#financial institution


India Factoring celebrates being country’s No1 Export Factoring provider

India Factoring and Finance Solutions Limited, a part of the FIMBank Group, is proud to announce that for the fifth…

#India Factoring#innovation#pandemic


SME Finance opens business in Finland

After rapid growth in Lithuania, the factoring fintech SME Finance has expanded to Finland to support the local SMEs with…

#bank#banks#digital


Recognise Bank raises £8.7m in new capital

Challenger bank, Recognise Bank, will benefit from £8.7m in new capital following the... (more…)

#bank#banks#digital


TEB Factoring announces changes in top management

TEB Factoring has announced that Gulumser OZGUN HENDEN is named General Manager effective from beginning of January, replacing Cagatay BAYDAR who is…

#bank#Cagatay Baydar#innovation


Federico Travella, Novicap, on innovation in digitisation

In advance to our RFIx22 event to take place on 26-27 of May, 2022 in London, Federico Travella, CEO, Novicap talks…

#digitisation#Federico Travella#innovation


RIFSO becomes new FCI affiliate member in Morocco

RIFSO (Research Innovation Finance Solution) is one of the first Moroccan fintechs to offer invoice financing. The company developed an…

#export finance#fintechs#innovation


PNC delivers US$135m ABL to mineral provider in Chapter...

PNC delivered a US$135m asset-based loan (ABL) to Covia in the company’s recent Chapter 11 emergence.As of emergence, San Francisco-based private…

#bank#innovation#investment

TAB Bank opens small ticket accounts receivable financing office...

TAB Bank announces it has opened a small ticket accounts receivable (STAR) financing office in Plano, Texas. The new office…

#bank#commercial finance#innovation

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