Tag : financing solutions

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
Finance News

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted......
Bladex Enters Into a Strategic Alliance With TradeAssets
Finance News Trading

Bladex Enters Into a Strategic Alliance With TradeAssets

Fintech News Desk
by Fintech News Desk0
Banco Latinoamericano de Comercio Exterior (Bladex) has entered into a strategic alliance with Dubai-headquartered Fintech Innovations International DMCC, owner of the TradeAssets e-Marketplace for financial institutions. Partnering with TradeAssets will enable Bladex to further promote interbank relations, providing customers with greater access to trade-related financing solutions. As part of the alliance,......
PayZen Announces Partnership with Iowa Hospital Association
Artificial Intelligence Fintech News

PayZen Announces Partnership with Iowa Hospital Association

Fintech News Desk
by Fintech News Desk0
Health care affordability innovator will be available to more than 100 hospitals and clinics in Iowa PayZen, a mission-driven fintech company tackling health care affordability for patients and providers with artificial-intelligence-powered financing solutions, announced a partnership with the Iowa Hospital Association and its subsidiary, ServiShare. The partnership solidifies PayZen as the top......
Billd Announces Partnership with ConstructConnect to Significantly Strengthen Bid Strategies for Trade Contractors
Finance News

Billd Announces Partnership with ConstructConnect to Significantly Strengthen Bid Strategies for Trade Contractors

Fintech News Desk
by Fintech News Desk0
Billd introduces partnership with ConstructConnect, giving trade contractors access to project financing solutions that help reduce barriers to entry on projects Billd, the leading provider of material financing and pay app advancement for commercial trade contractors, announced a partnership with ConstructConnect, a portfolio of software and services that combines a......
DBS Bank’s Grant Programme to Help SMEs Kickstart Sustainability Journey
Banking Fintech News

DBS Bank’s Grant Programme to Help SMEs Kickstart Sustainability Journey

Fintech News Desk
by Fintech News Desk0
Grant up to SGD 10,000 to SME awardees with innovative sustainable solutions in reducing energy consumption, reducing waste, sustainable supply chains In alignment with DBS Bank’s commitment towards sustainability, DBS Foundation, has announced the launch of a new grant programme to support small-and-medium enterprises (SMEs) looking to kickstart their transition towards becoming more......
US Bank, LiquidX Collaborate to Simplify, Accelerate Supply-Chain Financing
Digital Payments Finance Fintech News

US Bank, LiquidX Collaborate to Simplify, Accelerate Supply-Chain Financing

Fintech News Desk
by Fintech News Desk0
Integrated solution will unlock valuable working capital while helping to speed transactions and reduce borrowing costs US Bank announced that it has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. “We are thrilled to enter this collaboration with......
Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
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......
Burke & Herbert Bank & Trust Company Announces Intent to Form Holding Company
Banking News

Burke & Herbert Bank Announces Richmond Expansion

Fintech News Desk
by Fintech News Desk0
Bank Establishes Richmond-Based Commercial Banking Team Burke & Herbert Bank is pleased to announce that the Bank’s commercial banking program and geographic reach now includes the greater Richmond, Virginia market. To serve the growing business community in the state’s capital and surrounding areas, the Bank has established a Richmond-based commercial banking team and plans to add a......
CIBC Innovation Banking Provides Financing Solutions to Graphite Ventures
Banking Fintech News

CIBC Innovation Banking Provides Financing Solutions to Graphite Ventures

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce it has provided financing solutions, including a capital call line of credit, to Graphite Ventures (Graphite), a $100-million fund focused on seed-stage investments and extensions, through to the rights for Series A rounds. The capital call facility provides Graphite with the flexibility to......
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