Articles with tag: credit facility

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Crypto payments company NetCents to provide daily merchant settlements

24 Jun 2020 | Cryptocurrencies

Canada-based cryptocurrency payments company, NetCents Technology, has announced that it now provides daily settlements for all US-based merchants.

NetCents Technology, cryptocurrency payments, daily settlements, US, merchants, ACH integration, payout, credit facility

Credit Suisse and KLARA expand partnership for SMEs

08 Jun 2020 | Payments General

Credit Suisse and Switzerland-based fintech KLARA have announced connecting via the SIX platform “b.Link”, to offer SMEs additional payment transaction applications.

SIX, b-link, KLARA, Credit Suisse, bank, payments, credit facility, Switzerland, Europe

Invoice finance demand to surge after lockdown

22 May 2020 | E-invoicing, SCF & E-procurement

Ireland-based invoice finance providers have announced demand growth expectations as companies reopen after virus lockdowns.

Invoice finance, lockdown, IAIFA, Ireland, SME, credit lines, revolving credit facility, lender, debtor, interest, loans, overdrafts, pillar banks, AIB, Bank of Ireland, Ulster Bank, Bibby Financial Services, Capitalflow, Close Brothers, Grenke Finance

Marco Polo Network expands availability to Microsoft Azure

02 Oct 2019 | E-invoicing, SCF & E-procurement

The Marco Polo trade finance network has announced it is now generally available on Microsoft Azure.

Marco Polo Network, Microsoft Azure, trade finance network, trade finance, banking, credit facility, R3, Corda, blockchain technology, DLT, global trade

SMB alt lender Fundbox secures USD 176 mln to tap into B2B payments

27 Sep 2019 | Payments General

US-based fintech Fundbox has secured a USD 176 million Series C funding round from investors including Allianz X and General Catalyst.

Fundbox, B2B payments, Allianz X, General Catalyst, credit facility, alternative lending, lending, small and medium size business, SMB, SME, US, North America

HSBC to support UK businesses with green finance offerings

04 Jul 2019 | E-invoicing, SCF & E-procurement

HSBC has launched a range of new loans and a Green Revolving Credit Facility that are available for SMEs through to large corporates.

HSBC, Green Revolving Credit Facility, UK, US, Europe, small and medium sized enterprises, SMEs, lending, financing, supply chain finance, green financing,

Afreximbank supports intra-regional trade with USD 25 bln

24 Jun 2019 | E-invoicing, SCF & E-procurement

African Export-Import Bank has disbursed USD 8 bln out of the USD 25 bln it planned on a revolving basis to support intra-regional trade between 2017 and 2021.

Afreximbank, African Export-Import Bank, trade finance, trade finance credit facility, trade finance platform, Africa, South Africa, Gabon, Cote dIvoire, Nigeria, Malawi, Togo, Kenya, intra-regional trade

UK lender Capify secures GBP 75 mln credit facility from Goldman Sachs

17 Jan 2019 | Payments General

UK-based fintech small business lender Capify has secured a GBP 75 million credit facility from US banking group Goldman Sachs.

Capify, Goldman Sachs, acquisition, credit facility, US, North America, online lending, payments, Goldman Sachs Private Capital

BofA, JP Morgan Chase provide USD 200 mln credit facility to Corcentric

06 Dec 2018 | E-invoicing, SCF & E-procurement

US-based billing solutions provider Corcentric has secured a USD 200 million senior credit facility from Bank of America, JPMorgan Chase and others.

Bank of America, Corcentric, JP Morgan Chase, lending, investment, credit facility, e-billing, e-invoicing, US, AP automation, accounts payable automation