Tag : Financial Flexibility

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital
Finance News

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital

GlobeNewswire
by GlobeNewswire0
Strengthens financial flexibility to support the Company’s continued growth Verona Pharma plc, announces it and its wholly-owned subsidiary, Verona Pharma, Inc. (the “Company”), have entered into a debt financing facility (“debt facility”) providing the Company with access to up to $400 million from funds managed by Oxford Finance LLC (“Oxford”)......
Fingercheck Joins Forces with IncredibleBank to Drive Small Business Growth
Banking News

Fingercheck Joins Forces with IncredibleBank to Drive Small Business Growth

PR Newswire
by PR Newswire0
65% of SMBs go outside their primary financial institution to a fintech company to fulfill unmet payroll, electronic invoicing, and expense management needs. Fingercheck’s expansion into Financial Services and digital banking makes it easier for small businesses to onboard payroll & HR solutions (including taxes and compliance automation), all from......
Eos Energy Enterprises, Inc. Secures $85 million Term Loan Credit Facility to Fund Growth
Finance News

Eos Energy Enterprises, Inc. Secures $85 Million Term Loan Credit Facility to Fund Growth

Fintech News Desk
by Fintech News Desk0
Company permitted to make request for additional $15 million, subject to conditions Eos Energy Enterprises, Inc. a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced it has closed an $85 million senior secured term loan facility with Atlas Credit Partners (“ACP”). Latest Fintech News: Destin......
First Interstate Bank Transforms Overdraft Practices to Protect Consumers
Banking News

First Interstate Bank Transforms Overdraft Practices to Protect Consumers

Fintech News Desk
by Fintech News Desk0
Non-sufficient funds and overdraft fees eliminated or reduced to help clients meet short-term cash needs First Interstate BancSystem Inc., parent company of First Interstate Bank, announced significant changes to its consumer overdraft practices, reducing fees and giving clients flexible options to meet their personal financial needs. This includes the elimination......
Atento Announces Signing of New Super Senior Revolving Credit Facility
Finance News

Atento Announces Signing of New Super Senior Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
The IDB Invest credit facility to provide $43 million in financing, which may be raised to $50 million Atento S.A., one of the world’s five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, announced that it entered on December 23,......
Crypto-collateralized Lending Offered By PayBito Gains Market Favor
Cryptocurrency News

Crypto-collateralized Lending Offered By PayBito Gains Market Favor

Fintech News Desk
by Fintech News Desk0
PayBito offered crypto-collateralization posits a revolutionary lending scheme; profitable to the lender and convenient to the borrower. PayBito, a global crypto assets exchange, asserts that clients may avail themselves of a loan in PayBito crypto bank against their crypto collateral. A crypto-collateralized loan increases the borrower’s financial flexibility by giving......
Torchy's Tacos Partners With Dailypay To Offer On-demand Pay Benefit To Support Employees
Banking Fintech News

Torchy’s Tacos Partners With Dailypay To Offer On-demand Pay Benefit To Support Employees

Fintech News Desk
by Fintech News Desk0
Craft Fast-Casual Offers Daily Pay to Provide Financial Flexibility and Wellness Benefits to Hourly Employees Torchy’s Tacos, the popular Austin-based brand known for its Damn Good Tacos and addictive Green Chile Queso, has partnered with DailyPay – the leading provider of on-demand pay – to provide its hourly employees with access to their......
Westlake Launches Cash Now Pay Later
Fintech News

Westlake Launches Cash Now Pay Later

Fintech News Desk
by Fintech News Desk0
Westlake Technology Holdings launches Cash Now Pay Later, an exciting new product that provides financial flexibility to its customers by enabling them to borrow cash today and pay it back at a later date. Cash Now Pay Later is currently being piloted by Westlake to its more than 1 million existing......
Centerspace Improves And Extends Credit Line; Repays Bank Loans
Banking Finance News

Centerspace Improves And Extends Credit Line; Repays Bank Loans

Fintech News Desk
by Fintech News Desk0
Centerspace announced that it has amended and extended its existing $250 million revolving credit facility. The new facility includes an accordion feature for up to $400 million and matures in September 2025 with two optional six-month extensions. In addition to the new line of credit, the existing bank term loans totaling $145 million were repaid in full......
Tapcheck Partners With Deputy to Offer On-Demand Pay & Complimentary Financial Education Resources
Fintech News

Tapcheck Partners With Deputy to Offer On-Demand Pay & Complimentary Financial Education Resources

Fintech News Desk
by Fintech News Desk0
With Tapcheck, Deputy extends tools to attract and retain front-line staff Tapcheck, an innovative fintech platform focused on improving employee financial wellness, and Deputy, the award-winning scheduling and timekeeping software platform, announced their partnership to add Tapcheck’s financial wellness benefit for customers’ employees with Deputy integration support. With the integration of......
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