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First Business Financial Services, Inc., has announced that, through its asset based lending company, First Business Capital Corp., it has entered the factoring business with the hiring of a team of three experienced factoring professionals. (more…)
#bank#financial services#management
Santander UK, part of Banco Santander, S.A, is launching a range of new funding initiatives to help provide additional support…
#bank#invoice#smes
Orbite Technologies has announced that it has completed a secured debt financing (the Facility) totalling up to CAD22m (or USD16.95m)…
#capital requirements#debt financing#LIBOR
Mercuria Energy Trading S.A. (Mercuria) has closed a USD 700 million uncommitted secured 18 months borrowing base financing deal. (more…)
#bank#Deutsche Bank#ING
The Receivables Exchange, the online marketplace for selling accounts receivable, has appointed Henry (Hank) Allen as the company s new…
#commercial finance#financial services#Marsh
Industrial recruitment specialist, gap personnel, will create new jobs and plan for further expansion after securing an GBP11million invoice discounting…
#capital requirements#funding#invoice
TCI Oilfield Factoring, a US-based provider of oilfield factoring services, has released new Permian Basin factoring lines specifically designed for…
#international#invoice#TCI Business Capital
Bank of America Merrill Lynch, a provider of global transaction services, has unveiled a new online supply chain finance module…
#bank#invoice#management
The Asset Based Finance Association (ABFA) has announced the appointment of its new chairman, John Onslow, chief executive of Centric…
#commercial finance#head of trade and working capital#international
A new European Union loan guarantee facility for innovative small and medium-sized enterprises (SMEs) was launched in Austria this week.…
#bank#EIF#First Bank
Utah-based Celtic Bank Corporation has introduced a non-recourse factoring product for small and middle market business customers nationwide. (more…)
#bank#credit risk#management
A family-run seafood supplier today announced a refinancing which sees it secure additional funding to support its growth plans. (more…)
#funding#trade#working capital
Alfa bank will provide Net Element with RUB600 million (EUR15 million) via factoring and a credit line. (more…)
#Alfa-Bank#bank#emerging markets