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Republic Business Credit has provided a US$1m factoring facility to a Louisiana utility-infrastructure start-up as the contractor seeks to fund larger projects across the US Gulf South. The unnamed business provides construction and infrastructure services to utility, telecommunications, cable and...
#factoring#infrastructure finance#Louisiana
UK construction-materials supplier GRS has extended its financing arrangement with Wells Fargo Capital Finance, adding up to £30m of capacity…
#asset based lending#construction materials#GRS
eCapital has provided a US$30m healthcare receivables financing facility to a multi-state post-acute care provider, giving the group additional liquidity…
#eCapital#healthcare finance#healthcare receivables
Professor Sir Roy Goode CBE KC FBA, one of the most influential commercial lawyers of his generation and a major…
#assignment of receivables#factoring law#FCI
India Factoring and Finance Solutions has established a wholly owned subsidiary at GIFT City as it looks to expand its…
#export factoring#GIFT City#IFSCA
Foundever has closed a major recapitalisation that replaces its previous factoring arrangement with a new three-year US$225m global accounts receivable…
#accounts receivable financing#debt restructuring#factoring
Harvey Nichols has entered administration and been acquired by Frasers Group in a pre-pack transaction worth approximately £40m, turning this…
#administration#Frasers#Harvey Nichols
Harvey Nichols has warned that it could run out of money within the next year without fresh investment, raising the…
#credit risk#Frasers Group#going concern
Allianz Trade is reducing credit-insurance limits available to suppliers trading with UK housebuilder Vistry, with cover on some new business…
#Allianz Trade#credit limits#receivables finance
For years, one of the uncomfortable questions surrounding supply chain finance has been whether the product helps suppliers get paid…
#Commercial Payments Bill#dynamic discounting#late payments
eCapital UK has appointed John Nelson as managing director as the invoice-finance and asset-based lending provider reorganises its senior leadership…
#asset based lending#David Tilling#eCapital
The Bank of England has held Bank Rate at 3.75%, but a widening split among policymakers has increased the risk…
#Bank of England#Bank Rate#Business lending
eCapital has partnered with transportation payments provider AtoB to combine working-capital finance, fuel purchasing and digital payment tools within a…
#AtoB#digital payments#eCapital