Search Results for: working capital

Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer
Banking Lending News

Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer

Fintech News Desk
by Fintech News Desk0
Provides $8 Million Of Financing For Working Capital, Real Estate And Equipment Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years.......
Tassat Launches Smart Contracts within TassatPay for the Banking Industry and Its B2B Clients
B2B Digital Payments News

Tassat Launches Smart Contracts within TassatPay for the Banking Industry and Its B2B Clients

Fintech News Desk
by Fintech News Desk0
Tassat Group Inc., the leading provider of private blockchain-based, real-time B2B payment solutions for banks announced that it is launching Smart Contracts, enabling bank clients to access customizable payment logic within TassatPay, making contracting and invoicing more efficient and effective while also reducing the potential for errors and fraud. “By......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Comvest Credit Partners Announces Investment in Horsepower Financial
Finance News

Comvest Credit Partners Announces Investment in Horsepower Financial

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners, a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility to Horsepower Financial, LLC, and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund......
IDC Financial Insights Announces Two New Analyst Team
Blockchain News

IDC Financial Insights Bolsters Analyst Team; Extends Coverage of Digital Lending Transformation and Blockchain, Crypto, and NFT Strategies

Fintech News Desk
by Fintech News Desk0
Raymond Pucci and Phillip Silitschanu Named Research Directors IDC Financial Insights announced two new strategic hires to its analyst team. Raymond Pucci was named Research Director, Worldwide Consumer and Small Business Lending Digital Transformation Strategies, and Phillip Silitschanu was named Research Director, Worldwide Blockchain, Crypto, and NFT Strategies. Together, these accomplished......
authID.ai Closes $22.5 Million Financing Round
Credit Bureaus News Security

authID.ai Closes $22.5 Million Financing Round

Fintech News Desk
by Fintech News Desk0
Financing expected to meet projected working capital requirements through 2023 Ipsidy Inc. dba authID.ai, a leading provider of secure, mobile, biometric identity authentication, announced that it has closed on total financing of approximately $22,500,000 before fees, commissions and expenses. The financing raised: ● approximately $9,200,000 through the issuance of senior......
Fiskl Introduces Modern API-driven Accounting For Small Businesses
Banking Finance News

Fiskl Introduces Modern API-driven Accounting For Small Businesses

Fintech News Desk
by Fintech News Desk0
FISKL introduces modern API-driven accounting for small businesses With Open Finance bi-directional data flow to simplify SMB lending Fiskl, the mobile-first financial management solution for small businesses, announces the launch of modern, API-driven accounting on its platform, now available worldwide. The classic cloud accounting platforms are now facing technology legacy......
Horizon Technology Finance Leads $15 Million Venture Loan Facility to Secure Transfusion Services
Finance News

Horizon Technology Finance Leads $15 Million Venture Loan Facility to Secure Transfusion Services

Fintech News Desk
by Fintech News Desk0
Horizon Technology Finance Corporation, a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced it closed a $15 million venture loan facility to Secure Transfusion Services, Inc. (“STS”), of......
Mahila Money and Visa Team Up to Support Women Entrepreneurs with Mahila Money Prepaid Card
Digital Payments News

Mahila Money and Visa Team Up to Support Women Entrepreneurs with Mahila Money Prepaid Card

Fintech News Desk
by Fintech News Desk0
Mahila Money Prepaid Card, powered by Transcorp, helps women entrepreneurs meet their cash flow and business needs Mahila Money, Visa and Transcorp have teamed up to launch the Mahila Money Prepaid Card, a product created for women entrepreneurs to use digital payments more effectively. The partnership leverages the deep expertise......
National Funding Announces the Upsize of Its Bank Credit Facility to $100 Million
Banking Fintech Funding News

National Funding Announces the Upsize of Its Bank Credit Facility to $100 Million

Fintech News Desk
by Fintech News Desk0
National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $100.0 million senior secured warehouse line of credit. The upsize includes an accordion to expand to $125.0 million, which was provided by a prominent U.S.-based commercial......
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