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asset based lending

Time Finance: Only 19% of SMEs are using ABL

Asset Based Lending (ABL) is being hailed as the most underused and underestimated form of business finance by independent lender, Time Finance, after new data shows only 19 per cent of UK SMEs are using ABL. The data comes from...

#ABL#asset based lending#Censuswide

Galoy launches Lana – a bitcoin-backed lending platform for...

Galoy, a leading provider of Bitcoin-native banking infrastructure, has launched Lana, a new lending platform designed to help banks leverage…

#ABL#bitcoin#galoy


Ares Capital appoints Kort Schnabel as Chief Executive Officer

Ares Capital Corporation (Ares Capital) announced Wednesday that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the…

#Ares capital#Ares Capital corporation#Kort Schnabel


AFS closes a US$5m ABL facility to a logistics...

Austin Financial Services (AFS) has announced the closing of a US$5m asset-based lending (ABL) facility consisting of an accounts receivable…

#asset based lending#Austin Financial Services#working capital


Paragon partners with Alfa to transform commercial lending

Paragon Bank has announced the selection of Alfa, the creators of the Alfa Systems SaaS platform for asset finance providers,…

#Alfa#asset based lending#fintech


Ultimate Finance achieves record £342m loan book in 2024

Specialist asset-based lender Ultimate Finance has reported a record-breaking year in 2024, with a loan book reaching £342m and an…

#asset based lending#factoring#Ultimate Finance


Legacy Corporate Lending provides US$25m ABL facility to 888VoIP

Legacy Corporate Lending has provided a US$25m asset-based credit facility to American Technologies, LLC, trading as “888VoIP.” Founded in 2006…

#ABL#asset based lending#Legacy Corporate Lending


NN, Inc. announces new ABL facility

NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…

#ABL#NN#PNC Bank


GreenFirst announces the extension of its ABL facility with...

GreenFirst Forest Products Inc. (GreenFirst) has announced the extension of its asset-based lending (ABL) facility with Bank of Montreal. The…

#asset based lending#Bank of Montreal#GreenFirst Forest Products


SFNet posts Q3 ABL survey results

Data from the Secured Finance Network (SFNet) revealed generally mixed results in the asset-based lending market for the third quarter,…

#ABL#asset based lending#Secured Finance Network


Rosenthal hires new senior BDO focused on West Coast

Rosenthal & Rosenthal, Inc. (Rosenthal), a leading private commercial finance firm in the United States, yesterday announced that Dan Chang…

#ABL#Dan Chung#Rosenthal


Great Rock Capital closes US$33.5m ABL deal

Great Rock Capital, an asset-focused commercial finance company specialising in middle market lending, has announced the closing of a US$33.5m…

#commercial finance#Great Rock Capital

eCapital provides US$35m ABL facility for printing firm

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

#ABL#accounts receivable#asset based lending

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