Differential Impact of Covid-19 on Global Trade

Covid-19 led to rapid and significant changes in the economy as the need for social distancing, personal protection equipment, and deep cleaning suddenly became operational imperatives in both the workplace and the household. The economic effects have been swift and dramatic, but they have not affected industries uniformly as some businesses were shut down entirely, while others have been able to adapt with varying degrees of success, while still others have found increased opportunity in the new requirements. Most visibly, businesses that necessarily put people in close contact with each other, such as travel, sports and entertainment events, and personal services have been hardest hit. Many small, local businesses have shut down entirely, so we examine daily global trade data and observe how businesses are reacting to the unfolding crisis on a day-by-day basis and to gain visibility in any relationship between business size and ongoing performance during Covid-19.

Download the full whitepaper here.

Latest News

Press Release

Oct 2021

Finacity, a White Oak Company, and Bayerische Landesbank Arrange a 2-Year EUR 81.5 Million Receivables Securitization

Finacity Corporation, a White Oak Company, (“Finacity”) and Bayerische Landesbank (“BayernLB”) announce that they have successfully launched a trade receivables securitization for a European manufacturer of flexible polyurethane foam products. The 2-year facility is collateralized by receivables originated by sellers in the UK, Netherlands, Germany, France, Poland, Romania, Hungary, and Lithuania. The program consists of sixteen distinct sellers, invoices in five different currencies with funding in three of those currencies.

Press Release

Oct 2021

Finacity, a White Oak Company, and DZ BANK Facilitate a 2.5-Year USD $150 Million Receivables Securitization for Nitron Group LLC

Finacity Corporation, a White Oak Company, (“Finacity”) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (“DZ BANK”) announce that they have successfully launched a trade receivables securitization for Nitron Group LLC (“Nitron”), a company headquartered in Greenwich, CT. The 2.5-year facility is collateralized by Nitron’s receivables for fertilizer distribution and importation services in Latin America, North America, Europe, and Africa.