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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

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 ...

October 2017

Finacity Facilitates MXN$800 Million Inaugural Consumer Loan Securitization Program for CREDITO REAL

Stamford, CT – October 31, 2017 – Finacity Corporation (“Finacity”) is pleased to announce that it has successfully facilitated and will serve as ongoing Master Servicer for the MXN$800 millio ...

October 2017

Finacity Facilitates USD-denominated Export Receivables Discount Program for Brazilian-Headquartered Wood Manufacturing Company

Stamford, CT – 23rd October, 2017 – Finacity Corporation (“Finacity”) announced today that it has successfully facilitated a new trade receivables discount program on behalf of a Brazil-headqu ...

July 2017

Finacity Facilitates a MXN 1.8 Billion Receivables Securitization for CEMEX, S.A.B. de C.V. and subsidiary

Finacity Corporation (“Finacity”) announces the successful launch of a trade receivables securitization for CEMEX, S.A.B. de C.V. [BMV: CEMEX CPO] and its subsidiary CEMEX Concretos, S.A. de C.V. ...

June 2017

Finacity and DZ Bank Facilitate a USD 155 Million Receivables Securitization for Alliance One International

Finacity Corporation (“Finacity”) and DZ Bank AG (“DZ Bank”) announce they have successfully launched a trade receivables securitization for Alliance One International [NYSE: AOI]. The facilit ...

May 2017

Votorantim Cimentos N.A. Securitization, Facilitated by Finacity, wins 2017 Treasury Today “Adam Smith Award” for Best Funding Solution

Treasury Today awarded Votorantim Cimentos N.A. (“VCNA”), a fully owned subsidiary of Brazilian headquartered Votorantim Cimentos S.A. (“VCSA”), with the 2017 “Adam Smith Award” for Best F ...

Recent Select Media Mentions

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. ...

April 2017

Trade Finance Awards 2017

In June 2016, Votorantim Cimentos North America (VCNA) closed an IFRS off-balance sheet trade receivables securitization totalling $152 million. ...

December 2016

Finacity’s first Singapore receivables securitisation aids suffering shipping sector

Finacity and ING Belgium have launched a container shipping receivables securization for Neptune Orient Lines NOL),a CMA CGM Group company. The new receivables securitization wi ...

April 2016

How corporates can benefit from off-balance sheet securitisation

Securitisation of trade receivables can be a useful financing alternative for corporates when credit markets are tight. Here Finacity’s David Viney explains how companies with sufficient volumes of ...

February 2016

Finacity funding smaller pools

Finacity is offering its securitization services to smaller clients. The effort builds on the Stamford, Conn., firm's established area of expertise - helping clients bundle their trade receivables int ...

Recent Publications

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 ...

February 2013

Sharing the Business

As an arranger, structurer, administrator and reporting agent on trade receivables securitisations and other structured receivables finance products, we have been viewing the evolving trends and devel ...