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

May 2022

Finacity Facilitates $100 Million IFRS Off-Balance Sheet Securitization for Vitro, S.A.B. de C.V.

Finacity Corporation (“Finacity”) announced that it has successfully launched an IFRS off-balance sheet trade receivables securitization for Vitro, S.A.B. de C.V. (“Vitro”) (BMV:VITROA). The transaction allows for up to $100 million in funding of the senior tranche from a U.S. based bank, as well as an initial $1.2 million investment from Finacity Asset Management in the intermediate subordinated note to achieve off-balance sheet treatment.

Press Release

Apr 2022

Finacity Arranges a EUR 10 Million Receivables Finance Program for Santa Fe Relocation

Finacity Corporation (“Finacity”), a White Oak Company, is pleased to announce that it has facilitated a EUR 10 million receivables finance facility for Santa Fe Relocation, a global mobility company specializing in managing and delivering high-quality relocation services worldwide. The new receivable facility, which includes sellers based in the United Kingdom, Belgium and France, provides additional financing for the growth of the company.

Press Release

Apr 2022

Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.1 Billion for Bunge

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$925 million to $1.1 billion of the commitment capacity for the Accounts Receivable Securitization Program for Bunge Limited (“Bunge”), a US-based leading global agribusiness and food company. As part of the process, Finacity also supported the addition of two new subsidiary company originators for Bunge in its Program.

Press Release

Mar 2022

Finacity’s Facilities Exceed Annual Volume of 60 Million Receivables and US $150 Billion

Finacity Corporation, a White Oak Company, (“Finacity”), announces that the facilitation of receivables funding on behalf of its global clients continues to grow, with annual volume now exceeding US $150 billion. Annually, approximately 60 million commercial and consumer receivables are tracked and reported on, providing clients and investors with detailed daily transparency.