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Republic Business Credit has provided a US$15m factoring facility to a Midwest US staffing company after an unexpected tax liability disrupted its finances and prompted the temporary freezing of its existing bank credit line. The financing provides a 90 per...
#bank credit freeze#credit facilities#factoring
US freight-factoring provider OTR Solutions has acquired CCT Factoring's transportation portfolio, marking its second factoring-book acquisition in less than a…
#asset based lending#CCT Factoring#Coeur Capital
Factoring volumes among the largest respondents to the Secured Finance Network's latest industry survey increased 26.3% year on year in…
#factoring#factoring volumes#invoice finance
New asset-based lending commitments to new clients increased almost 60% during the second quarter of 2026 as both bank and…
#ABL#asset based lending#bank lending
Gateway Trade Funding has closed a US$1.5m purchase order finance facility for a California food importer, providing funding to pay…
#food imports#Gateway Trade Funding#purchase order finance
ABM Industries has disclosed a US$300m trade receivables financing agreement, adding a new funding source as stronger working-capital management helped…
#ABM Industries#accounts receivable#Cash flow
The US has begun its threatened escalation of financial pressure on Iran, sanctioning nearly 60 entities, individuals and vessels while…
#commodity finance#Iran#OFAC
US tariffs of 50% have taken effect on roughly C$28bn of Canadian goods after Ottawa suspended trade negotiations with Washington,…
#Canada#import finance#Mark Carney
The US has warned countries, banks and businesses supporting trade with Iran that they could face a new wave of…
#commodity finance#compliance#Iran
Iran has hardened the conditions attached to reopening the Strait of Hormuz, tempering expectations that an emerging navigation agreement with…
#commodity finance#Iran#maritime trade