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PrimeRevenue announces record growth for 2012

PrimeRevenue, Inc., a cloud-based platform for global, multi-bank Supply Chain Finance (SCF), has announced operating results for the year ending 31 December 2012, in which the firm continued steady growth in revenue for another year. (more…)

#bank#management#SCF platform

TCI Oilfield Factoring expands Texas team

TCI Oilfield Factoring employs an oil industry veteran. (more…)

#cash-flow#i#Vice president


Market competitors partner in client’s interest

NFC and PSB work together on tailor-made deal. In late December, last year, two Russian factors entered into a partnership…

#bank#guarantees#invoice


Lloyds TSB CF: Asset based finance still poorly understood

Lack of understanding of alternative forms of borrowing, such as asset based finance, could be hampering UK small to medium…

#asset based finance#commercial finance#invoice


BLME provides Regency with ABL facility

The ABL facility from the London-based Islamic bank will provide Regency with increased liquidity. (more…)

#bank#receivables#smes


JP Morgan appoints new SCF chief

Michael McDonough has replaced has Andrew Betts as global head of SCF in JP Morgan. (more…)

#bank#risk#supply chain finance


US Ex-IM announced 75pc increase in authorisations

US Ex-IM Bank approves more than USD7.4 billion in financing, from which USD1.2 billion - for SMEs. (more…)

#bank#exporters#exports


Postbank reports 55 per cent factoring growth in 2012

Bulgarian-based Postbank has reported a 55 per cent increase in its factoring business year-on-year. (more…)

#bank#exports#financial institution


Centric Commercial Finance assists SME debt repayment to RBS

Centric Commercial Finance provides Countrystyle Group with a GBP5.5million Asset Based Lending facility. (more…)

#bank#bank loan#commercial finance


CFA to certify ABL and factoring practitioners

Commercial finance association announces certification program for asset-based lending and factoring professionals. (more…)

#asset-based lender#commercial finance#training


Surecomp launches SCF solution

Surecomp has announced a release of SCF-PRO. (more…)

#cash-flow#global trade#supply chain finance


Dubai Islamic Bank launches SME Business Solutions

Dubai Islamic Bank (DIB) announced the launch of SME Business Solutions, a Sharia-compliant suite of products and services specifically developed…

#bank#business finance#cash management

Report: Most London businesses still unaware of alternative funding

London businesses are ignorant of where to find alternative sources of funding, according to a new report commissioned by Lloyds…

#alternative funding#bank#interest rates

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