FundThrough, a financial technology platform, acquired the invoice factoring business of financial technology company BlueVine. All BlueVine invoice funding division employees are joining FundThrough as part of the transaction.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $3 million non-recourse advance factoring facility to a family-owned apparel manufacturer focused on delivering clothing for women.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. government and subcontractors.
Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products.
According to a forecast from Technavio, the size of the factoring market is expected to increase by $1,457.01 billion between 2021 and 2025, registering a CAGR of almost 7.48% during the forecast period.