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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


FCI announces new Secretary General appointment

As announced back in June 2022, the current Secretary General, Mr. Peter Mulroy, will be stepping down on 29th February…

#bank#commercial finance#International Trade


Citi launches suite of payment solutions for financial institutions...

Citi Treasury and Trade Solutions launches a set of four payment solutions for financial institution (FI) clients, which are designed…

#bank#management#platforms


Lloyds Bank Business Barometer: Business confidence surges to 18-month...

Business confidence rose by 10 points to 41 per cent in August to reach the highest level since February 2022…

#bank#Bank of England#interest rates


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


Basware to support French businesses to roll-out electronic invoicing

Basware, the leader in making accounts payable (AP) automation and invoice processing happen, announces its Partner Dematerialisation Platform (PDP) application…

#invoice#management#platforms


Marathon Asset Management closes US$1.7bn ABL fund

Marathon Asset Management (Marathon), a leading global credit investment manager, today announced the... (more…)

#financial institutions#investment#leasing


Afreximbank launches insurance subsidiary to support intra-African trade

The African Export-Import Bank (Afreximbank) has launched in Accra its wholly owned insurance management services subsidiary, AFREXInsure, with a commitment to…

#bank#management#risk


Bastion Management and Huston Cove Capital provides US$100m senior...

Bastion Management and Hudson Cove Capital Management have provided a... (more…)

#debt facility#debt financing#funding


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


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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