Publications

Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries.

Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries.

Publications

Take a look at our Publications to learn more about what Finacity has accomplished over the years.

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.

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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.

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Publication
Sep 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 assessment...

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Publication
Nov 2015

Trade Receivables Securitisations

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

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Publication
Feb 2013

Sharing the Business

As an arranger, structurer, administrator and reporting agent on trade receivables securitisations and other structured receivables finance products, we have been viewing the evolving trends and developments in this area of the market with particular interest. By way of background, I should point out that Finacity is not a lender nor an investor...

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Publication
Jul 2011

Accounts Receivable Securitization

By various estimates, a tally of accounts receivable as reflected in the financial statements of U.S. companies would total approximately $10 trillion, with a comparable amount outstanding in Europe and more in the rest of the world. In order to bridge the typical timing gap of cash inflows and outflows, companies frequently seek funding from...

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