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Yes Bank, one of the leading Indian private sector bank, has unveiled ‘SmartFin,’ an end-to-end digital supply chain finance (SCF) platform, powered by Veefin Solutions.
15/01/2024
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The Hungarian factoring industry developed dynamically in 2022, and the total turnover exceeded HUF 4.818bn, which represents a 22 per cent increase compared to the result in 2021, according to Csáki Ferenc, Corporate International Coordination Manager, OTP Bank Plc., Hungary, in his article included in the most recent edition of the
12/01/2024
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Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, announced it has closed a new senior US$30m lending facility and an accordion feature to US$40m with Texas Capital to further expand its funding capabilities.
12/01/2024
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NatWest Group has launched a new lending proposition for high growth businesses to enable them to lever off the value of their Intellectual Property (IP).High growth businesses generally own few tangible assets, but can be rich in IP and intangible assets. These businesses can find it difficult to use their assets as collateral to secure growth funding, especially when compared with firms holding more conventional assets. This has led to a large growth funding gap for fast-growing, asset light businesses which is estimated to be as much as £15bn annually.
12/01/2024
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Rosenthal & Rosenthal has completed two recent asset-based lending (ABL) transactions totaling US$8m.
12/01/2024
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Specialist asset-based lender Ultimate Finance is proud to report another year of record lending for 2023, reaching a new milestone in their loan book of over £310m. The lender has provided funding of more than £2.1bn to UK SMEs and property investors in 2023, in line with their mission to support an increasing number of businesses with much needed cashflow and puts them in a strong position going into 2024.The asset-based lender’s portfolio highlights include:
12/01/2024
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White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, announced that it has provided a US$10m senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise.
12/01/2024
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Deutsche Bank, in association with the International Trade & Forfaiting Association (ITFA), today announced the release of the Guide to Digital Trade Finance. The Guide provides the industry with a comprehensive overview of the emerging technologies, legal frameworks, practices, rules, and standards that are driving digitalisation within trade finance
11/01/2024
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Throughout 2023 Lenvi spearheaded a project to gather feedback from clients on how they used the risk management software, Riskfactor and what improvements clients wanted to see. Following this customer feedback Riskfactor’s new release unveils richer debtor insights than ever before with insightful debtor metrics.
11/01/2024
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Cambridge Wilkinson Investment Bank (Cambridge Wilkinson) is announcing the closing of a senior secured debt facility for a leading provider of supply chain finance. The client has developed a vendor-finance platform designed to improve the financial performance of the supply chain. Focusing on US-based middle market companies, the company offers an early-payment option with a customer guarantee that increases transparency and reduces risk, enabling businesses to reduce their supply chain inefficiencies and improve working capital and margins.
11/01/2024
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White Oak Commercial Finance, LLC (WOCF), an affiliate of White Oak Global Advisors, LLC, (White Oak) has closed a US$25m senior secured facility (Facility) to a leading cold weather apparel supplier, engaged in the production and distribution of snow pants, jackets, base layers, and accessories.
11/01/2024
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Time Finance is pleased towelcome Charlotte Wall to its Invoice Finance team in Reading as Head of Relationship Management (South).Charlotte brings over 20 years of experience in the Invoice Finance industry, most recently holding a position as Operations Director at eCapital. Prior to that, she held roles as Head of Operations at Bibby Financial Services and Head of Client Relations at the Royal Bank of Scotland.
10/01/2024
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Fill/ Refill, a Northamptonshire family-run manufacturer has received over £600k of financing from Metro Bank to help it achieve its aspirations to be the most responsible closed-loop maker and supplier in the UK.
10/01/2024
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Pulse Cashflow Finance is announcing that Tatum Gurr has been promoted to the role of Business Development Manager (BDM) with immediate effect.
10/01/2024
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Finverity
10/01/2024
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