Receivables and Payables move up the food chain; Corporates are increasingly becoming a funding source for both customers and suppliers.

The ability to offer longer terms of sale for customers and create shorter payment terms for suppliers continues to be a growing competitive advantage for both large and middle market corporates in North America and Europe. Several of Finacity’s clients are applying receivables securitization (a proven method of accessing the capital markets) as a means of extending payment terms to their customers. As middle market corporates have increasingly larger individual customers, this not only presents a financing opportunity, but also a way to include extended terms as a means of winning and retaining key customers. Maersk seeks role in trade finance as banks retreat is an example of where these dynamics are visibly in play for a large multinational. Finacity clients in a variety of sectors Finacity Case Studies including manufacturing, industrial supply, chemicals, agribusiness and professional services are tapping into data rich receivables and payables portfolios as a means of cost effectively leveraging these opportunities with minimal resource allocation.

In a related trend, middle market corporates are also looking to their payables portfolios as a means of creating economic value (from what has been traditionally viewed as a cost center) by monetizing their relationships with key suppliers. The growth trends in supply chain/payables finance are often contrasted with the challenges inherent in applying larger company solutions to the middle market. Supply chain opportunities in the middle market. Finacity’s core competencies in data aggregation at the invoice level, security, onboarding and batch credit scoring provide a distinct advantage in helping clients of all types, especially middle market corporates, realize the advantages inherent in leveraging the supply chain and enabling an additional source of capital markets funding through the receivables portfolio. Large and middle market corporates are being prompted by a cyclical combination of industry-specific challenges and macro-economic trends to offer longer terms of sale for strategic customers and shorter payment terms for key suppliers. Finacity is actively exploring these challenges and opportunities with our clients around the world.

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Press Release

Sep 2022

Finacity and ING Belgium NV Facilitate Increase of Accounts Receivable Securitization Program to $200 Million for Cushman & Wakefield

Finacity Corporation (“Finacity”), a White Oak Company, and ING Belgium SA/NV announce that they have facilitated an increase from $125 million to $200 million of the commitment capacity for the Accounts Receivables Securitization Program for Cushman & Wakefield Inc. (“C&W”), a leading global real estate services firm headquartered in Chicago, IL.

Press Release

Jul 2022

Finacity Facilitates Increase and Renewal of Accounts Receivable Securitization Program to EUR 300 million for the Greek State-Controlled Public Power Corporation S.A.

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from EUR 200 million to EUR 300 million of the commitment capacity for the accounts receivable securitization program for Public Power Corporation S.A. [ATHEX: PPC] (“PPC”), the largest Greek electricity generator and the principal supplier of electricity in the country. The securitization program finances consumer and corporate receivables originated by PPC in Greece.

Press Release

Jul 2022

Finacity Facilitates a $70 Million Receivables Securitization Program for American Airlines, Inc.

Finacity Corporation (“Finacity”), a White Oak Company, has successfully facilitated a $70 million receivables securitization program for American Airlines, Inc., headquartered in Fort Worth, Texas. The program focuses on a multi-country, multi-currency portfolio of cargo receivables from certain countries where the airline operates. Finacity provided origination, analytic and structuring support. Finacity serves as the ongoing Administrator for the program.