Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries.
Take a look at our Publications to learn more about what Finacity has accomplished over the years.
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.
As uncertainty in the global economy rises, businesses of all sizes are increasingly turning to receivables securitisation as a low-cost funding source that also maximises liquidity.
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 challenging...
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...
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...
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.
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...
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 basis at a low ‘all-in’ cost, with the possibility for accounting sale treatment, term placement, or other useful features.
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...
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...