Media Mentions
Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries
Trade Receivables ABS Gain as Funding Tool
Jul, 2014 byThere’s a growing market enabling companies in a variety of industries to monetize their receivables and relieve pressure on working capital.International Trucks has been a regular participant in the asset-backed securities (ABS) market for decades, securitizing assets including dealer floor plans and customer loans. In May the maker of trucks and other heavy vehicles completed a securitization of trade receivables in an early example of what bankers foresee as a growing market enabling companies in a variety of industries to monetize their receivables and relieve pressure on working capital.