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.

Latest News

Press Release

May 2020

Finacity Arranges Receivables Securitization for Startek, Inc.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization program for Startek, Inc. (“Startek”) in April 2020. The securitization program finances receivables originated by Startek’s entities in the United States.

Press Release

May 2020

Finacity Supports Receivables Securitization for Talen Energy

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the December 2019 closing of a trade receivables securitization for Talen Energy Marketing, LLC, a wholly owned subsidiary of Talen Energy Supply, LLC (“Talen Energy”).

Press Release

Mar 2020

Finacity COVID-19 Update — March 31, 2020

For the past two weeks our employees have been working from home to support the global initiative to control the spread of COVID-19. We are pleased to report that our people, processes and technology have been flawless in terms of meeting daily and project related deliverables.

Press Release

Mar 2020

Finacity Statement on COVID-19

As a Greensill/Finacity customer, we appreciate the trust you place in us and our people worldwide. Given the current global environment, we wanted to take a moment and explain how we’re prepared to ensure that your business needs and requirements are being met.

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