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Kredit Hero debuts in the Philippines, transforming SME financing...

Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines, offering a new way for Filipino businesses to access financing. SMEs play a critical role in the Philippine economy, accounting...

#AI#artificial intelligence#SME financing

ScottsMiracle-Gro secures US$600m receivables finance facility from J.P. Morgan...

ScottsMiracle-Gro, a leading lawn and gardening supply manufacturer, has enhanced its financial flexibility with a new accounts receivable finance facility…

#accounts receivables finance#invoice finance#J.P. Morgan Payments


Tradewind Finance provides finance to Bulgarian trading companies

Tradewind Finance, an international trade finance provider, has announced credit facilities for two trading companies based in Bulgaria that specialise…

#Desislava Yordanova#Tradewind Finance#working capital


WFY’24: Strengthening fraud detection in factoring

In an era marked by economic uncertainty, the threat of fraud looms large over the financial landscape, said Kevin Day,…

#fraud#Kevin Day#Lendscape


Ares Commercial Finance provides US$25m finance facility to Pegasus...

Ares Commercial Finance (ACF) announced yesterday that it has provided a US$25m senior secured revolving line of credit to Pegasus…

#Ares Commercial Finance#Pegasus Home Fashions#working capital


Tradewind Finance supports Indian seafood exporter with working capital...

Tradewind Finance, an international trade finance company, has completed a USD 0.9m credit facility for an Indian seafood exporter specialising…

#Akash Kanungo#Indian seafood exporter#receivables finance


Seylan Bank launches factoring services for businesses

Seylan Bank has expanded their financial services with ‘Seylan Factoring’, a tool that allows businesses to raise liquidity based on…

#Cash flow#factoring#Seylan Bank


Minerva Foods boosts global sales by improving working capital...

To maintain global growth and increase agility, flexibility and accountability, Minerva Foods (Minerva), a South American beef exporter, implemented a…

#Edison Ticle#Minerva Foods#receivables discounting


SBA to launch 3-Year Working Capital Pilot for SMEs

The U.S. Small Business Administration (SBA) has recognised that its previous working capital line product was ineffective for lenders. Now,…

#asset based lending#SBA#sme finance


Transportation leader secures US$20m factoring facility with eCapital

eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…

#asset based lending#commercial finance#eCapital


LSQ creates US$3m invoice finance facility for IT staffing...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for…

#accounts receivable#Chris Collins#credit management


Evolution of the factoring industry in Nicaragua

According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…

#bank#financial services#smes

Ultimate Finance completes £370m of institutional funding facilities

Specialist asset-based lender Ultimate Finance reports it has secured £370m in wholesale funding for the next three years, a combination…

#asset-based lender#bank#Lloyds Bank

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