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Trade credit insurer, Allianz Trade has announced that it has appointed Stephen Bramall as Credit Director for both UK & Ireland.
17/07/2023
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Bowmark Capital, the mid-market private equity firm, has made a significant investment in Lendscape, a leading technology provider to the global secured commercial finance market.
17/07/2023
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NLB Banka Prishtina has become a partner bank of the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has extended two loans of €10m in total to NLB Prishtina, which will on-lend the funds to its small business clients, including companies run or owned by women.
14/07/2023
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The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying barriers to competition, and providing recommendations for improving the economic efficiency of small and medium enterprises (SMEs).
14/07/2023
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The Singapore branch of the industrial insurer HDI Global SE, part of the Talanx Group, has hired Markel’s James Guardino to launch a political risk and credit operation in Asia.Based in Singapore, Guardino will be a senior underwriter for APAC.
14/07/2023
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Spend management platform Enkash on Thursday announced the launch of Olympus, which will enable the automation of business payables and receivables. The new solution is focused on start-ups and small to mid-size businesses and comes with “plug& play” integration capability in completely DIY mode.
14/07/2023
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Peridot Group, a leading provider of treasury solutions with over $68 bn in B2B payment volumes across 75 countries and 26 currencies, is pleased to announce the appointment of Doug Morgan as Chief Executive Officer.
13/07/2023
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Small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina will have more opportunities to invest in digital transformation with new financing made available to Sparkasse Bank, provided by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU).
12/07/2023
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French SME lender Defacto has closed a securitisation fund with Citi and Viola Credit for up to €167 million ($183m). Citi will be the senior lender of the fund while Viola Credit will continue to support Defacto as its mezzanine lender. This new facility allows Defacto to continue its exponential growth with a yearly funding capacity of up to 1 billion euros.
12/07/2023
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Time Finance is announcing today the appointment of Justin Nel as Business Development Manager (BDM) in its Invoice Finance team.
11/07/2023
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One of Latin America’s leading fintech companies, Floid, has launched an open finance product for the factoring industry in Columbia. According to the soon-to-be-published World Factoring Yearbook 2023, the Colombian fintech sector is growing fast with electronic platforms accounting for more than 25 per cent of the Colombian factoring market in 2022.
11/07/2023
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White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) have closed a new US$287.5m 3-year senior secured credit facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service provider of flat-rolled steel products with operations throughout the United States (Majestic Steel), acting as Sole Arranger and Bookrunner.
11/07/2023
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CredAble, an Indian fintech platform providing working capital and supply chain finance solutions, and Supertron, a local IT hardware provider have signed a partnership. Through this collaboration, Supertron will use teh platform of CredAble to deliver innovative financial solutions to Supertron’s business partners, mostly small businesses (SMEs and MSMEs), a segment that remains largely undeserved by traditional finance providers.
11/07/2023
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Marathon Asset Management (Marathon), a leading global credit investment manager, today announced the final close for Marathon Secured Private Strategies Fund III, the third vintage of its closed-end asset-based lending (ABL) fund. The fund, which was oversubscribed, accepted US$1.7bn of capital commitments from a global base of institutional and high net worth investors.
11/07/2023
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Following a year of ambitious growth for the alternative SME lender, aim-listed Time Finance has revealed all-time high annual trading resu
11/07/2023
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