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Acquisition

Sterling National Bank acquires First Capital’s factoring portfolio

Acquisition adds 25 per cent to Sterling's current annual factoring volume (more…)

#acquisition#bank#Sterling National Bank

MagNet Bank purchases CE Faktor

Hungarian bank acquires factoring company with 2.6 per cent market share (more…)

#acquisition#bank#Two


Staffing company secures receivables-backed credit facility

Finance to be used to pursue acquisition strategy (more…)

#funding#management#receivables


Varion Capital to begin operating as Accord Financial

Canadian finance company, acquired by Accord in 2014, to adopt Accord name with immediate effect (more…)

#Accord Financial#Accord Financial Corp#Inventory finance


Neurosoft completes acquisition of Kestrel Information Systems

Athens-based software development company finalised move in December (more…)

#acquisition#financial institutions#information systems


Shawbrook Business Credit launches

Lender rebranded from Centric Commercial Finance following acquisition by Shawbrook Bank in June (more…)

#bank#commercial finance#funding


AnaCap acquires NPLs from UniCredit

Transaction is one of the largest non-performing loan deals in Italy to date (more…)

#bank#financial services#international


Crestmark to acquire TIP capital equipment leasing business

New subsidiary to be named Crestmark Equipment Finance, Inc. (more…)

#acquisition#asset management#bank


Factoring service first to be acquired in Banco Internacional...

Chilean firm ILC agrees to take 50.1 per cent control of the bank (more…)

#bank#insurance#international


AnaCap and partners complete non-performing loans acquisition

H.I.G and Deutsche Bank also involved in portfolio purchase from Volksbank Romania (more…)

#bank#capital requirements#Deutsche Bank


Life Factoring acquires Finmetron

Clients of acquired company will have limits extended and be able to sell e-documents (more…)

#acquisition#electronic documents#receivables


Shawbrook announce profits along with new invoice finance acquisition

Emerging lender reveals positive pre-tax figures to go alongside new purchase (more…)

#bank#commercial finance#invoice

FIBI Bank UK officially becomes Tungsten Bank

UK Prudential Regulation Authority approves Tungsten Corp acquisition (more…)

#bank#financial services#invoice

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