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Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced today that their New York City commercial banking team closed a US$150m senior revolving credit facility for a premier New York - based finance company. The three-year facility includes a...
#bank#i#receivables
Sabre Corporation ("Sabre" or the "Company"), a leading technology provider to the global travel industry, today announced that its indirect…
#receivables
In 2023, Brazil's fintech sector faces a significant challenge, with major players like Open Co and Nexoos experiencing a 60…
ITFA has opened for its members access to an industry framework for open account distribution. The Master Account Receivables Assignment Agreement (MARA)…
#assignment#credit risk#receivables
Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has witnessed exponential growth in invoice financing volumes in the last…
#invoice#Invoicemart#receivables
More than half (51 per cent) of businesses say they are paid late on average, according to a survey conducted by Taulia,…
#management#payment practices#receivables
The Research and Innovation Center of the University of São Paulo, Inova USP, has forged an agreement with the Central…
Barclays PLC ("Barclays") and Blackstone Credit & Insurance ("Blackstone") have announced today that Barclays Bank Delaware ("BBDE") has agreed to…
#asset based finance#bank#capital requirements
Crédit Agricole Corporate and Investment Bank (CIB) has collaborated with UK-based fintech Demica to launch a new receivables and supply…
#Credit Agricole#Maurice Benisty#receivables
“We are more than just factoring today, FCI is about open account, receivable and payable solutions,” Neal Harm, Deputy Secretary…
#open account#payables#receivables
1st Commercial Credit, LLC has closed a US$2m factoring facility for a rapidly expanding pallet manufacturer in the Mid-West region. The start-up…
#1st Commercial Credit#Commercial Credit#invoice
Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated the funding of more than US$1trn of…
#funding#receivables#trade
Amazon's business loan programme showed stability in Q4, as evidenced by its seller lending receivables, which remained consistent at US$1.3bn,…
#Amazon#B2B payments#e-commerce