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Paragon Bank has announced the selection of Alfa, the creators of the Alfa Systems SaaS platform for asset finance providers, to drive its new Commercial Lending Transformation Programme. The initiative will replace legacy systems and streamline the entire end-to-end lending...
#Alfa#asset based lending#fintech
Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006…
#ABL#asset based lending#Legacy Corporate Lending
The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Poland by…
#factoring#guarantee#receivables securitisation
Grid Finance, an Irish SME and micro-enterprise lender, has secured a €1.5m loan from the European Investment Fund’s (EIF) InvestEU…
#Derek Foley Butler#EIF#European Investment Fund
Novuna Business Cash Flow, a provider of cash flow finance solutions for UK SMEs and larger corporations, has announced a…
#Novuna Business Cash Flow#sme finance
IFC and BNI Madagascar today announced a partnership to expand access to local currency financing for smaller businesses in Madagascar,…
#BNI Madagascar#IFC#sme finance
A review by the Lending Standards Board (LSB) of its registered firms’ application of the Standards of Lending Practice for…
#LSB#sme finance#SME lending
The European Bank for Reconstruction and Development (EBRD) is signing the first portfolio risk-sharing facility with Raiffeisen Bank Kosovo. The…
#EBRD#green economy transition#MSME finance
Commenting on the rise in inflation and wage rate growth heaping further pressure on businesses, Douglas Grant, Group CEO of…
#Douglas Grant#inflation rate#Manx Financial
CredibleX, an Abu Dhabi, UAE-based provider of a working capital finance platform for SMEs, raised US$55m in Seed funding. The…
#CredibleX#fintech#receivables finance platform
Capitalise.com, the UK based business finance platform, announces their collaboration with Plaid to bring pre-approved funding to 150,000 small businesses.…
#Capitalise#Ollie Maitland#open banking
Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…
#agility#Douglas Grant#Manx Financial
French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…
#Defacto#electronic invoice#factoring