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News

News

Take a look at our Press Releases, Select Media Mentions, and Publications to learn more about what Finacity has accomplished over the years.

Recent Press Releases

February 2018

Finacity Announces an Increase to $500 Million of a Global Freight Receivables Securitisation Facility for Germany Headquartered Hapag-Lloyd Group

Hamburg / London / Stamford, CT – February 22, 2018 – Finacity Corporation (“Finacity”) announces today that it has facilitated the successful increase to $500 million of an existing freight r ...

February 2018

Finacity and ING Bank NV, Sucursal en España Facilitate up to USD 250 Million IFRS Off-Balance Sheet Securitization for Ferroglobe, PLC (NASDAQ: GSM)

Stamford, CT – 8 February 2018 – Finacity Corporation (“Finacity”) announced that it has successfully launched an IFRS off-balance sheet trade receivables securitization for Ferroglobe, PLC (N ...

January 2018

FINACITY and DZ BANK Facilitate a USD $115 Million Receivables Securitization for Volt Information Sciences, Inc. (NYSE:VISI)

Stamford, CT – January 29, 2018 – FINACITY CORPORATION (“FINACITY”) and DZ BANK AG Deutsche Zentral-Genossenschaftsbank (“DZ BANK”) announce that they have successfully launched a trade re ...

January 2018

Finacity Facilitates Increase in HYVA’s European Factoring Program to EUR 9 Million with Addition of French and UK-Originated Receivables

Amsterdam / Stamford– 12th January 2018 – Finacity Corporation (“Finacity”) announced today that it has facilitated a EUR 4 million increase in the existing multi-country trade receivable fund ...

December 2017

Finacity Serves as Advisor on New Patriot Finance Consumer Loan Funding Program

Stamford, CT – December 21, 2017 – Finacity Corporation (“Finacity”) is pleased to announce that it has served as advisor to a new loan funding program recently closed between Patriot Finance, ...

December 2017

Finacity Awarded Securitization Advisor Role by Greece’s Public Power Corporation/Δημόσια Επιχείρηση Ηλεκτρισμού

Stamford, CT – December 11, 2017 – Finacity Corporation (“Finacity”) announced that it has officially been awarded the role of securitization advisor on behalf of Public Power Corporation/Δ ...

Recent Select Media Mentions

January 2018

Trade & Supply Chain Finance 2011: Trade Receivables Securitization

Trade receivables securitization has long been used as an alternative form of liquidity. Once a primary financing tool, many large companies had a trade receivables securitization program in place alo ...

January 2018

Baron, Finacity launch accounts receivable securitization

SHERMAN OAKS, Calif. — Baron & Associates, a specialist in factoring, accounts receivable and purchase order financing, and trade credit insurance, has partnered with receivables funding, servicer a ...

December 2017

Chasing paper: PPC’s receivables securitisation

The Greek privatisation programme has so far been every bit as fraught and hesitant as the sceptics insisted it would be. The sale of government assets is meant to do much of the heavy lifting under t ...

December 2017

PPC benchmark securitisation pending

Finacity has been awarded the role of securitisation advisor on behalf of Greece's Public Power Corporation (PPC). The move is expected to pave the way for the first Greek securitisation for a corpora ...

June 2017

Finacity begins analysing payments data

Finacity has begun analysing payments data – a by-product of its receivables financing business – in a bid to create an in-house predictive default tool that informs at both micro and macro level ...

April 2017

Finacity oils trade receivable funding with Eurofactor

Finacity brought in Credit Agricole’s Eurofactor to fund an €18 million ($19 million) trade receivable funding programme for Spanish olive oil producer Deoleo, Trade Finance has learned. ...

Recent Publications

February 2018

Achieving IFRS Off-Balance-Sheet Treatment in Trade Receivables Securitizations

Abstract Changes in accounting requirements made in response to the financial crisis of 2007-2008 have made achieving off-balance-sheet treatment for trade receivables securitizations more challengin ...

September 2017

Auditors up the balance sheet scrutiny

Companies are receiving greater scrutiny from auditors over IFRS balance sheet accounting treatment of new and existing factoring facilities. It is not that the accounting rules have changed, but asse ...

November 2015

Trade Receivables Securitisations

Securitisation of various cash flow assets began in the 1980s. Trade receivables, while not the fi rst asset class to be securitised, date back at least 25 years. Trade receivables securitisations all ...

July 2015

Working Capital – a Strategic Opportunity?

As any keen MBA student will relate, Michael Porter’s Five Forces* model can help management to determine the structure of their industry and provide a backdrop for strategy formulation. Understan ...

June 2015

Introduction to Receivable Securitization

While portfolio factoring and receivable securitization are both corporate funding constructs based on the true sale of a company’s trade accounts receivable, there are also significant differences ...

September 2014

Securitisation of Trade Receivables: An Alternative Source of Corporate Liquidity

Securitisation is a powerful technique for deriving flexible and efficient liquidity from a corporation’s trade accounts receivables. It can provide committed, revolving funding on a non recourse ba ...