Differential Impact of Covid-19 on Global Trade

Covid-19 led to rapid and significant changes in the economy as the need for social distancing, personal protection equipment, and deep cleaning suddenly became operational imperatives in both the workplace and the household. The economic effects have been swift and dramatic, but they have not affected industries uniformly as some businesses were shut down entirely, while others have been able to adapt with varying degrees of success, while still others have found increased opportunity in the new requirements. Most visibly, businesses that necessarily put people in close contact with each other, such as travel, sports and entertainment events, and personal services have been hardest hit. Many small, local businesses have shut down entirely, so we examine daily global trade data and observe how businesses are reacting to the unfolding crisis on a day-by-day basis and to gain visibility in any relationship between business size and ongoing performance during Covid-19.

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Press Release

May 2020

Finacity Arranges Receivables Securitization for Startek, Inc.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization program for Startek, Inc. (“Startek”) in April 2020. The securitization program finances receivables originated by Startek’s entities in the United States.

Press Release

May 2020

Finacity Supports Receivables Securitization for Talen Energy

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the December 2019 closing of a trade receivables securitization for Talen Energy Marketing, LLC, a wholly owned subsidiary of Talen Energy Supply, LLC (“Talen Energy”).

Press Release

Mar 2020

Finacity COVID-19 Update — March 31, 2020

For the past two weeks our employees have been working from home to support the global initiative to control the spread of COVID-19. We are pleased to report that our people, processes and technology have been flawless in terms of meeting daily and project related deliverables.

Press Release

Mar 2020

Finacity Statement on COVID-19

As a Greensill/Finacity customer, we appreciate the trust you place in us and our people worldwide. Given the current global environment, we wanted to take a moment and explain how we’re prepared to ensure that your business needs and requirements are being met.

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