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factoring

DAT redefines freight payments with Outgo acquisition

DAT Freight & Analytics (DAT) has acquired Outgo Inc. (Outgo), adding fast, transparent payments to the industry’s largest freight marketplace. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies....

#automates invoice#Cash flow#DAT

TAB Bank extends US$3m factoring line to CNC Precision...

TAB Bank has structured a US$3m factoring line of credit for CNC Precision Machine Inc. to enhance the company’s cash…

#CNC Precision Machine#factoring#Marc Karyo


Quickpay provides US$2m factoring facility to Texas-based firm

Quickpay Funding has established a US$2m factoring facility for a Texas-based company specialising in the repair, inspection, and rewinding of…

#Quickpay Funding


Afreximbank extends EUR15m factoring line to Banque Postale du...

African Export-Import Bank (Afreximbank) has signed a EUR 15m factoring line of credit agreement with Banque Postale du Congo (BPC)…

#Afreximbank#Banque Postale du Congo#Calixte Tabangoli


SFNet releases factoring survey

The Secured Finance Network (SFNet) has released results of its year-end factoring survey, which found a decline in factoring volume…

#Jeffrey Goldrich#Secured Finance Network#SFNet


Invoice finance fintech FundThrough acquires tech firm Ampla

FundThrough, the leading fintech invoice factoring platform for small and medium-sized businesses (SMBs), today announced its acquisition of Ampla, the…

#Ampla#Anthony Santomo#Bluevine


eCapital expands its factoring facility to US$917m

eCapital Corp. (eCapital), a leading technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and…

#eCapital#factoring#Marius Silvasan


Alpine Ridge Funding delivers US$7.5m factoring facility

Alpine Ridge Funding has successfully finalised a US$7.5m factoring facility for a company specialising in oil and gas services. This…

#Alpine Ridge Funding#David Fortner


WFY’24: The outlook for factoring in Peru is ‘promising’

The development and promotion of factoring and its derivatives globally have represented a sound strategy for those countries that have…

#Jose Mario Escudero#National Institute of Statistics and Informatics#SUNAT


Romanian factoring activity shows sustained growth in 2024

The Romanian Factoring Association (ARF) announces the results of the factoring market for 2024, highlighting an 8 per cent increase…

#Bogdan Rosu#domestic factoring#export factoring


IFA names FactorGenie as a Preferred Ally Member

The International Factoring Association (IFA) announced that FactorGenie has been named a Preferred Ally Member. IFA Ally Membership is open…

#FactorGenie#International Factoring Association#Preferred Ally Member


Generalfinance cancels the acquisition of Workinvoice

Generalfinance S.p.A. (Generalfinance), a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring for SMEs, announces…

#Generalfinance#Workinvoice

WFY’24: Factoring industry – important player in the USA

The factoring industry has an established place as an important player in the US that provides working capital to small…

#Alina Hall#Mark Mandula#World Factoring Yearbook

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