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TAB bank grants $7M ABL facility to propel Michigan...

TAB Bank has provided a new asset-based lending (ABL) facility to a premier international contract manufacturer based in Michigan. TAB’s flexible financial solutions will significantly accelerate the company’s growth and success.This ABL facility features a credit limit of US$7m. This...

#bank#international#management

LSQ provides US$20m invoice finance facility for Ohio-based Aerospace...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$20m account receivable credit facility for…

#working capital


Tradewind Finance provides additional €35m factoring facility for steel...

Tradewind Finance, a global trade finance firm headquartered in Germany, has announced it adds an additional €35m factoring facility for…

#credit protection#exporters#global trade


1st Commercial Credit provides US$2m factoring line to pallet manufacturer

‍1st Commercial Credit, LLC has closed a US$2m factoring facility for a rapidly expanding pallet manufacturer in the Mid-West region. The start-up…

#1st Commercial Credit#Commercial Credit#invoice


Metro Bank supports eco-manufacturer Fill/Refill with over £600k of...

Fill/ Refill, a Northamptonshire family-run manufacturer has received over £600k of financing from Metro Bank to help it achieve its…

#Metro Bank


Sallyport Commercial Finance supports US lightning manufacturer with...

Sallyport Commercial Finance has announced a US$1m accounts receivable (AR) facility for a lighting manufacturer headquartered in Tennessee.  The business held a…

#Sallyport Commercial Finance


Growth Lending closes a US$2.5m invoice finance facility for...

Growth Lending has closed a US$2.5m, single-customer concentration working capital facility for a manufacturer of baby blankets and swaddling products.The…

#Growth Lending#Keith Kirkland#working capital finance


UKEF provides UK boat manufacturer with financial backing to...

A Wirral-based specialist manufacturer of boats serving search and rescue, defence and security sectors has won major international contracts after…

#export finance#NatWest#UKEF


Accord Financial provides CAD 2.5m ABL facility to child...

Accord Financial Corp., one of North America’s leading independent commercial finance companies (Accord) moved quickly to help... (more…)

#Accord Financial Corp#commercial finance


Metro Banks launches SCF programme for Pakistan’s home appliances...

Dawlance, Pakistan’s leading manufacturer of home appliances, has signed a Memorandum of Understanding (MoU) with Habib Metro Bank Limited (HMBL)…

#Metro Bank#supply chain finance


Entrepreneur Growth Capital provides $4.5m ABL facility to sportswear...

Entrepreneur Growth Capital provided a US$4.5m asset-based line of credit to a New Yor based manufacturer, distributor and retailer of…

#pandemic#WHO


Manufacturer banned after abusing factoring agreement

Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in... (more…)

#factoring fraud

Gibraltar supplies US$5.5m ABL to Washington-based manufacturer

Gibraltar Business Capital provided a US$5.5m asset-based loan (ABL) to... (more…)

#Gibraltar Business Capital

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