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factoring

nFusion Capital provides US$4m factoring facility

nFusion Capital recently provided a US$4m factoring facility to a company in the Northeastern United States, that provides structural steel/precast concrete erection, reinforcing bars, rigging, crane services, and equipment rentals used in the construction industry. The company had been involved...

#Brice Reid#factoring#NFusion Capital

Ukraine passes new factoring law

On June 3, the Verkhovna Rada (the parliament of Ukraine) approved new legislation aimed at overhauling the regulation of factoring…

#factoring law#factoring services#fraud


FactorGenie and Farelanes announce strategic partnership

FactorGenie, a provider of advanced add-on software for the freight factoring sector, has formed a strategic partnership with Farelanes, a…

#FactorGenie#factoring#Farelanes


Verallia obtains consent of group’s lenders related to takeover...

Verallia announces today that it has obtained the consent of its bank lenders to amend the change of control clause…

#BWGI#factoring#takeover bid


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.…

#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

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