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Credit Acceptance Corporation (CACC) has announced the completion of a US$550m non-recourse secured asset-backed financing (ABF). In accordance to this transaction, CACC conveyed loans of approximately US$687.7m to a wholly owned special purpose entity which will transfer the loans to a trust....
#interest#interest rate#Trust
Austrian entrepreneur Thorsten de Jong, who founded the startup Finyoz in May 2023, has recently introduced an online financing platform of…
#interest#investment#invoice
As part of a complex recapitalisation strategy, Toronto-based fintech startup Clearco has secured a new asset-backed financing facility of up…
#cash-flow#funding#interest
Following the Bank of England’s decision today to raise interest rates... (more…)
#Bank of England#Douglas Grant#inflation
TTM Technologies, Inc. (TTM), a leading global manufacturer of technology solutions including mission systems, radio frequency (RF) components and RF…
#3M#bank#interest
EFG Hermes Holding announced a strong first-quarter performance in 2022, with revenues increasing by 55% year-on-year (y-o-y) to EGP 1.9bn.…
#EFG Hermes#financial services#interest
Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn…
#3M#interest#smes
The EUF’s unique overview analysis of the legal and regulatory environments in... (more…)
#commercial finance#economy#Françoise Palle-Guillabert
LM Funding America, Inc. (LM Funding or LMFA), a technology-based specialty finance company... (more…)
#assignment#funding#interest
Russia-based Sberbank has made plans to launch a blockchain platform... (more…)
#bank#blockchain#digital
The news comes as retail businesses throughout the UK have dealt with their first week of store... (more…)
#e-commerce#interest#MarketFinance
MV Asset Finance has fast-tracked a new package of support measures that can be specially tailored to meet individual customer…
#funding#interest#invoice
Alternative finance provider JLG Group PLC has successfully raised £85m... (more…)
#bonds#funding#interest