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News

News

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

Recent Press Releases

April 2019

Finacity Serves as Advisor on Dinerito Audaz US$10 million Consumer Loan Funding Program

Finacity Corporation (“Finacity”) is pleased to announce that it served as advisor to a new US$10 million loan funding program recently closed between Dinerito Audaz, S.A.P.I. de C.V. SOFOM, E.N.R ...

April 2019

Finacity Renews a $152 Million IFRS Off-Balance Sheet Securitization for VCNA, Part of Brazilian Headquartered Votorantim Group

Finacity Corporation (“Finacity”) announced that it has successfully renewed the IFRS off-balance sheet trade receivables securitization for Votorantim Cimentos North America Inc. (“VCNA”). Th ...

March 2019

Finacity Facilitates Increase to USD 800 million of Trade Receivable Funding for Bunge

Finacity Corporation (“Finacity”) today announced that it has assisted Bunge Limited (“Bunge”), a US-based leading global agribusiness and food company, in the USD 100 million increase of its ...

February 2019

Finacity Hosts Receivable Securitization Industry Roundtables at the United States Embassies and Consulates in Paris, Dusseldorf, Madrid and Lisbon

Finacity Corporation (“Finacity”) announced today that it has hosted four gatherings of senior finance professionals for an opportunity to network with peers and to learn about the very latest dev ...

December 2018

Finacity Facilitates EUR 9 million of Trade Receivable Funding for Spain’s Deoleo, S.A.

Finacity Corporation (“Finacity”) today announced that it has facilitated a new EUR 9 million non-recourse trade receivable funding program for Deoleo S.A. (“Deoleo”), a Spain-based leading gl ...

November 2018

Finacity Facilitates Second Consumer Loan Securitization Program for CREDITO REAL for MXN$615 Million

Finacity Corporation (“Finacity”) is pleased to announce that it has successfully facilitated and will serve as ongoing Master Servicer for the MXN$615 million consumer loan securitization program ...

Recent Select Media Mentions

February 2019

Finacity Hosts Receivable Securitization Industry Roundtables at the United States Embassies

Finacity Corporation (“Finacity”) announced recently that it has hosted four gatherings of senior finance professionals for an opportunity to network with peers and to learn about the very latest ...

January 2019

How does trade securitisation work? An Interview with Finacity’s Charles Nahum

The world of securitisation in trade and consumer receivables is complex, yet benefits to corporates are being increasingly realised as liquidity tightens and access to traditional forms of finance is ...

January 2018

Trade & Supply Chain Finance 2011: Trade Receivables Securitization

Trade receivables securitization has long been used as an alternative form of liquidity. Once a primary financing tool, many large companies had a trade receivables securitization program in place alo ...

January 2018

Baron, Finacity launch accounts receivable securitization

SHERMAN OAKS, Calif. — Baron & Associates, a specialist in factoring, accounts receivable and purchase order financing, and trade credit insurance, has partnered with receivables funding, servicer a ...

December 2017

Chasing paper: PPC’s receivables securitisation

The Greek privatisation programme has so far been every bit as fraught and hesitant as the sceptics insisted it would be. The sale of government assets is meant to do much of the heavy lifting under t ...

December 2017

PPC benchmark securitisation pending

Finacity has been awarded the role of securitisation advisor on behalf of Greece's Public Power Corporation (PPC). The move is expected to pave the way for the first Greek securitisation for a corpora ...

Recent Publications

February 2018

Achieving IFRS Off-Balance-Sheet Treatment in Trade Receivables Securitizations

Abstract Changes in accounting requirements made in response to the financial crisis of 2007-2008 have made achieving off-balance-sheet treatment for trade receivables securitizations more challengin ...

September 2017

Auditors up the balance sheet scrutiny

Companies are receiving greater scrutiny from auditors over IFRS balance sheet accounting treatment of new and existing factoring facilities. It is not that the accounting rules have changed, but asse ...

November 2015

Trade Receivables Securitisations

Securitisation of various cash flow assets began in the 1980s. Trade receivables, while not the fi rst asset class to be securitised, date back at least 25 years. Trade receivables securitisations all ...

July 2015

Working Capital – a Strategic Opportunity?

As any keen MBA student will relate, Michael Porter’s Five Forces* model can help management to determine the structure of their industry and provide a backdrop for strategy formulation. Understan ...

June 2015

Introduction to Receivable Securitization

It has been almost 30 years now since the first securitizations of trade accounts receivable were structured and placed with investors in the U.S. financial markets. Since that time, these financings ...

September 2014

Securitisation of Trade Receivables: An Alternative Source of Corporate Liquidity

Securitisation is a powerful technique for deriving flexible and efficient liquidity from a corporation’s trade accounts receivables. It can provide committed, revolving funding on a non recourse ba ...