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asset based lending

Estonian fintech Tuum ventures into Sharia-Compliant ABL

Tuum, a next-generation core banking provider from Estonia, has launched its foundational Islamic Banking and Finance solutions, marking a significant milestone towards delivering comprehensive, Sharia-compliant financial services. This initiative focuses on the key principles of Islamic banking, laying the groundwork...

#asset based lending#fintech#invoice finance

White Oak Commercial Finance provides a US$120m ABL facility...

White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, closed a new US$120m 3-year senior…

#asset based lending#Kevin Cox#Kevin Sauder


SFNet: Asset-Based Lending deal activity surged in Q2

Cautious optimism marked the second quarter in the asset-based lending market as banks and other lenders saw a rise in…

#asset based lending#Commercial Finance Association#Richard D. Gumbrecht


Viola reveals US$500m strategic JV with Cadma to expand...

Viola Credit (Viola), a global asset-based lending provider and Cadma Capital Partners (Cadma), a speciality financing company for high-growth technology…

#alternative credit asset manager#asset based lending#Cadma Capital Partners


White Oak Commercial Finance hires two new executives

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, today announced the hiring of two new executives:…

#asset based lending#DeBernardo#eCapital


Concrete Pumping Holdings expands ABL facility to US$350m

Concrete Pumping Holdings, Inc. ("the Company"), a leading provider of concrete pumping and concrete waste management services in the U.S.…

#ABL#asset based lending#Bank of America


Banc of California expands specialty lending team

Banc of California, a wholly owned subsidiary of Banc of California, Inc., announced yesterday that Chris Hague has joined the…

#Andrew Hawking#asset based lending#Banc of California


CIT Northbridge Credit provides US$45m to MacPherson’s

First Citizens Bank has announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a…

#First Citizens Bank


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


NatWest Group appoints Paul Edwards to lead ABL business

NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s asset finance business (ABL), Lombard,…

#Andy Gray#Ian Isaac#Lombard


CIT Commercial Services provides US40m ABL facility to Crown...

CIT Commercial Services, a subsidiary of First Citizens Bank, has provided up to US$48m in financing to Crown Crafts Inc.,…

#ABL#CIT Commercial Services#Crown Crafts


Hawaiian Electric secures $250m asset-based lending facility approval

Hawaiian Electric Company has received approval from the Public Utilities Commission for an asset-based lending facility credit agreement, enabling short-term…

#asset based finance

Effective monitoring – key to becoming more sustainable

New data from Time Finance reveals that one in three businesses... (more…)

#sustainability#Time Finance

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