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Working Capital

UTI lifts revolver 60% to US$200m as letter-of-credit capacity...

Universal Technical Institute has replaced its existing US$125m bank facility with a US$200m senior secured revolving credit line, increasing committed borrowing capacity by 60% and extending its maturity to August 2031. The new five-year facility is led by Fifth Third...

#Fifth Third Bank#JPMorgan#Letters of Credit

Clearco secures US$100m Macquarie line targeting US$900m ecommerce funding

Clearco has secured a US$100m asset-backed financing facility from Macquarie Group that the ecommerce funder expects to support approximately US$900m…

#alternative finance#asset-backed finance#Clearco


Black Sea grain squeeze cuts Ukraine exports 75% as...

Wheat prices have risen towards three-year highs as attacks on Russian and Ukrainian export infrastructure choke Black Sea grain flows…

#agricultural finance#Black Sea#commodity finance


YouLend puts revenue-linked capital in front of 24,000 German...

YouLend has partnered with German e-commerce software group comrce to offer revenue-linked working-capital finance to a network of around 24,000…

#comrce#e-commerce#embedded finance


Bank Indonesia holds at 5.75% after back-to-back hikes, keeping...

Bank Indonesia has held its benchmark rate at 5.75%, pausing after consecutive increases in May and June as pressure on…

#Bank Indonesia#corporate lending#Indonesia


Glencore agrees US$10m Vast loan with US$6m for working...

Glencore has agreed a US$10m term loan for Vast Resources, with US$6m allocated to group working capital and debt repayment…

#Aprelevka#commodity finance#Glencore


Lifetime Brands pushes US$200m JPMorgan ABL to 2031 and...

Lifetime Brands has completed a refinancing that extends its US$200m asset-based revolving facility with JPMorgan to August 2031 and replaces…

#asset based lending#JPMorgan#Lifetime Brands


Foundever replaces factoring with US$225m receivables line as debt...

Foundever has closed a major recapitalisation that replaces its previous factoring arrangement with a new three-year US$225m global accounts receivable…

#accounts receivable financing#debt restructuring#factoring


Wells Fargo backs Orange EV with US$100m revolver as...

Electric terminal-truck manufacturer Orange EV has secured a US$100m senior secured revolving credit facility led by Wells Fargo Bank, providing…

#electric vehicles#manufacturing finance#Orange EV


Secure Trust business finance book hits £1.9bn as new...

Secure Trust Bank's Business Finance portfolio increased 5.3% to £1.9bn during the first half of 2026 even as new lending…

#business finance#credit risk#Secure Trust Bank


eCapital provides US$10m ABL to Florida flight-training company in...

eCapital has provided a US$10m asset-based revolving credit facility to a Florida flight-training company undergoing a broad operational and financial…

#accounts receivable#asset based lending#aviation finance


Panama Canal slot auctions average US$1.1m as drought deepens...

The cost of securing short-notice passage through the Panama Canal has surged as worsening drought collides with heavier demand from…

#commodity finance#El Niño#freight costs

EU packaging rules take effect, turning supplier data into...

The European Union's new Packaging and Packaging Waste Regulation has become applicable across the bloc, shifting packaging compliance from future…

#European Union#inventory#Packaging and Packaging Waste Regulation

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