Latest news

Take a look at our Press Releases, Select Media Mentions, Publications, Speaking Engagements and Insights to learn more about what Finacity has accomplished over the years.

Take a look at our Press Releases, Select Media Mentions, Publications, Speaking Engagements and Insights to learn more about what Finacity has accomplished over the years.

Press Releases

Press Release
Nov 2022

Finacity, a White Oak Company, Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro, S.A.B. de C.V. to USD 175 million

Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro, S.A.B. de C.V. (“Vitro”) (BMV:VITROA). The transaction allows for up to $175 million in funding of the senior tranche from a U.S. based bank, as well as an investment from Finacity Asset Management in the intermediate subordinated note to achieve off-balance sheet treatment. The transaction includes the trade receivables originated by certain subsidiaries of Vitro in the United States of America, Mexico and Canada.

Press Release
Nov 2022

Finacity, a White Oak Company, and DZ BANK Upsize Receivables Securitization for Nitron Group LLC to USD 165 Million

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 upsized a trade receivables securitization for Nitron Group LLC (“Nitron”), a company headquartered in Greenwich, CT. The facility is collateralized by Nitron’s receivables for fertilizer distribution and importation services in Latin America, North America, Europe, and Africa.

Media Mentions

Media Mention
Jul 2022

Changing perceptions – Need for liquidity supporting TRS growth

Rapid growth in trade receivables securitisation (TRS) volumes has been accompanied by an apparent change in perception of the asset class, from being overly complex to now being widely considered as an important funding instrument for the real economy. Through the pandemic - and ever since - TRS has been embraced as a flexible solution for corporates seeking to release working capital, as well as by investors in search of low-risk investments and good returns.

Media Mention
Nov 2021

Securitization Insight Podcast

Adrian Katz, Finacity's CEO, is featured on Norton Rose Fulbright's Podcast "Securitization Insights".  Adrian discusses his company, the impact of challenged and elongated supply chains due to COVID on trade finance, the impact of increasing inflation and potentially higher interest rates in the future on trade finance, trends and changes Finacity has encountered across different industries that are worth noting and how technology is changing the landscape of trade finance.

Media Mention
Sep 2021

In Trade Finance Funding Solutions, It’s Important to Know the Details

As a global leader in working capital and trade finance funding solutions to global businesses, Finacity has found that it’s important to know the details. The company tracks and reports in detail on about 60 million individual receivables annually. It also tracks every payment. Was it paid or not paid? Was it paid on time? Was it paid in full? Was it dilution? It also tracks the reason codes behind dilution. Was it a product defect? Was it a volume discount?

Publications

Publication
Oct 2021

Trade receivables securitisations: Background to trade receivables securitisation

Securitisation of various cash flow assets began in the  1980s. Trade receivables, while not the  first asset class to be securitised, date back approximately 30 years. Trade receivables securitisations allow companies to raise  capital by selling,  on a revolving basis, a selection of receivables to a legally separate, bankruptcy-remote special purpose entity  (SPE). The SPE, with the  conveyance of the  acquired receivables, can issue collateralised notes with the  issuance proceeds flowing back  to the original selling  company.

Publication
Jun 2020

Differential Impact of Covid-19 on Global Trade

We examine contemporaneous, daily global trade data to observe the impact of the dramatic changes in supply, demand, operations, and logistics brought about by Covid-19. Using trade receivables information, we can see large and varied effects as the economy reacts to this major disruption.

Speaking Engagements

Speaking Engagement
May 2020

The Future of Specialty Finance Amidst Covid-19

An in-depth and interactive discussion that will bring together an online community, looking to discuss things like recovery plans post Covid-19, what we can expect to see in the future and the opportunities that will be out there.

Insights