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The Parliament of Georgia has approved, in its first reading, the draft law on factoring along with a companion legal package, securing 85 votes in favour during a plenary session this week. The legislation, prepared as part of the Government’s legislative...
#factoring
Republic Business Credit (Republic) has extended a US$3m factoring facility to a West Coast-based textile manufacturer to support its continued…
NEO PAY, the UAE’s leading digital payments and merchant solutions provider, has entered into a strategic partnership with CredibleX, a…
#sme finance
Fintech firm CashMe Tanzania is expanding access to financing for small and medium-sized enterprises (SMEs) while opening new investment opportunities…
Milestone Bank has launched a new asset-based lending (ABL) division, broadening its suite of credit solutions for small and mid-sized…
#asset based lending
YouLend, the leading global embedded financing platform, and Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced…
#working capital
In the Union Budget for FY27, the Centre proposed mandating the Trade Receivables Discounting System (TReDS) as the transaction settlement…
#invoice finance
TAB Bank has closed a US$2.25m asset-based lending (ABL) facility for Bright Stripes LLC, including a US$1m inventory subline, to…
Gibraltar Business Capital (GBC) has completed a US$20m senior secured facility for a portfolio company of a premier private equity…
Şişecam, the specialist glass and chemicals manufacturer, has completed the issuance of its first Working Capital Note™ (WCN) under a multimillion-dollar working capital facility. The transaction took place…
Cashera, one of the fastest-growing fintech lenders in the United States, has officially entered the UK market under the brand…
FundingSearch, a UK-based commercial finance matching platform, has announced that lender onboarding will begin in the coming weeks. Banks, alternative…
#commercial finance
ALL Capital Management (ALL Capital) has appointed Richard Perkins as Risk and Portfolio Director, strengthening its senior team as the…