Who We Are
- Finacity is a leader in the structuring and provision of asset-backed working capital funding solutions, consumer receivables financing, supplier and payables finance, back-up servicing, and transaction reporting globally.
Outstanding transactions generating $100 billion in annual receivables flow
Borrowers/obligors in more than 175 countries
Facilitated transactions for receivables denominated in 58 currencies, with financing in 11 currencies
Average flow of 32 million accounts receivable items per year
We make the securitization of accounts receivable and consumer assets less complex, more cost-effective and efficient, enabling clients to finance at rates well below their corporate rating equivalent.
We make the securitization of accounts receivable and consumer assets less complex, more cost-effective and efficient, enabling clients to finance at rates well below their corporate rating equivalent. Our extensive reporting capabilities provide significant comfort to investors, enabling clients to maximize the advance rate against their receivables portfolio.
Finacity was founded in 2001 through the collective efforts and investment capital of ABN AMRO, Bank of America, and Euler Hermes. In addition to capital, each partner has contributed people, time, intellectual property and other tangible assets to Finacity’s business and infrastructure. Finacity is not captive to its shareholders, allowing us to work with financial partners that best meet our clients' needs.
Case Study Highlights
Finacity has facilitated transactions ranging from $1 million to $1.7 billion for companies rated investment grade through ‘Caa’. In doing so, we have brought more than $10 billion of aggregate transactions to market.
Our extensive automated reporting capabilities provide significant comfort to investors, enabling clients to maximize the advance rate against their receivables portfolio.
Finacity can access financing from both new and existing client funding relationships to ensure the best possible transaction pricing.
We work closely with key constituents to optimize advance rates based on a granular analysis of receivables pool performance.
Ease of Administration
Finacity’s extensive structuring and reporting capabilities minimize upfront and ongoing transaction administration.
Off-Balance Sheet Treatment
Finacity has completed transactions that have achieved off-balance sheet treatment under GAAP and IFRS, and has a proven ‘one -stop’ IFRS off-balance sheet solution.
Diversity of Funding Sources
Finacity has achieved access to funding via more than 50 banks and institutional investors, including committed funding available from Finacity Capital Management for securitization transactions of $5 million - $25 million.
Where required, our reporting processes, partners and technology enable us to offer the full range of back-up servicing capabilities, from ‘cold’ to ‘hot’.
Since the company’s inception, Finacity has been recognized by parties across multiple sectors for its excellence in facilitating receivables securitizations and other working capital solutions.
The President’s “E” Award dates back to President Kennedy and is the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports. “Finacity has demonstrated a sustained commitment to export expansion. The ‘E’ Awards Committee was very impressed with Finacity's innovation in developing unique export financing options. The company's ability to provide additional security and reduced risk for export receivables was also particularly notable. Finacity's achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs.” -- U.S. Commerce Secretary Penny Pritzker
“We based our ‘AA’ rating on the notes on the following factors”…“Finacity Corp. [would be] carrying out the role of administrator and servicer. It has had experience in such roles since 2001, and because it is a third party [S&P] considers that this mitigates the risk that there is no back-up servicer appointed.” -- S&P Rating Release
“The provisional ratings are based on the following factors”…“the ability of Finacity to act as bond administrator and master servicer for the transaction.” -- Moody’s Pre-Sale Report
“A Scalable Securitized Achievement. A landmark transaction, closely watched…“ --Trade Finance Magazine
“…truly innovative, tackling the complexities of accounting regulation head on… They’ve never been able to do it this way before, so this was a real achievement.” --Trade & Forfaiting
Review “structure is easily scalable, allowing Bunge to add receivables in most currencies and jurisdictions as its business grows.” -- Global Trade Review
“Hats off to Finacity! It’s a first for revolving domestic receivables rather than a static asset pool. This deal involved a number of new regulatory approvals and it succeeded.” -- Trade & Forfaiting Review