Menu
Newsroom

Newsroom

In The News

PrimeRevenue partners with UbiQ Innovations
November 2014 - Trade & Export Finance

PrimeRevenue and UbiQ join forces for Turkey and the Middle East

The supply chain finance providers, PrimeRevenue and UbiQ Innovations, have announced a new strategic partnership, arranged to help deliver working capital finance solutions to Turkey and the Middle East.  It is anticipated that the supplier finance finance solutions provided by the partnership will help Middle Eastern companies and their suppliers mitigate mitigate supply chain risk, while achieving immediate working capital improvements, reports Trade & Export Finance media.

  Read More
PrimeRevenue Reports Growth
November 2014 - Trade Finance

Supply Chain Finance Company PrimeRevenue boosts revenue 50% on-year in 2014 Q1-3

Trade technology firm PrimeRevenue has boosted its revenue by approximately 50% in the first nine month of 2014 compared to the same period last year, reports Trade Finance Magazine. North America provided the majority of the revenue at 50%, while Europe, Middle East and Africa provided 40% and Asia Pacific 10%. The supply chain finance company  has 15, 000 clients and 52 funders on the platform.

  Read More
Supply chain finance gains momentum in the Netherlands
October 2014 - CFO Magazine NL.

Netherlands, the Next Supply Chain Finance Initiative in Europe

The Dutch Ministry of Economic Affairs has noted the role of supply chain finance  as a compelling solution for advancing the economy by inserting liquidity into the market place. The UK, under Prime Minister David Cameron, was a forerunner in the area, introducing supply chain finance, also known as reverse factoring, to UK corporates in 2012. While the UK initiative has attracted a healthy interest from the public press, supply chain finance has already matured with several other governments. In the US, a meeting between leading US corporates and President Barack Obama that will help suppliers secure affordable finance and liquidity, in a move to support job growth and boost the economy was taking place on Friday, July 11th. The official export credit agency of the United States, EXIM Bank offers credit guarantees for certain fundamental supply chain finance programs, backing various industries including examples like the automotive (Ford), machinery (CNH), and aerospace (Boeing) industries for quite a while.

  Read More
October 2014 - Spend Matters Network

How to reduce supplier onboarding costs through PrimeRevenue’s Electronic Time Drafts Product

Most of us by now are familiar with the term Supply Chain Finance. We may even know how banks “productize” it by calling it Reverse Factoring, Approved Payable Finance, or some other name – all to indicate leveraging an uncommitted credit facility of an investment grade or near investment grade buyer to provide cheap finance to their suppliers. We may even be familiar with that fact that when a supplier elects to finance receivables with P&G, Tesco, Sainsbury, etc. this way, they are selling their receivables to the bank or funding provider. This entails much work for the bank. PrimeRevenue’s Electronic Drafts are distinguished from the “sale of a receivable” in two ways.

  Read More
View All

Latest Press Releases

  • November 2014

    Atlanta, GA, November 19, 2014 –PrimeRevenue, the leading platform for financing suppliers, visited Washington,......Read More

  • November 2014

    Atlanta, GA, November 5, 2014 –PrimeRevenue Inc., the leading solution for global supply chain......Read More

  • October 2014

    Atlanta, GA, October 29, 2014 – PrimeRevenue, Inc., the largest bank-independent platform for optimizing......Read More

  • October 2014

    Atlanta, GA, October 6, 2014 – In a continued effort to provide supply chain......Read More

  • September 2014

    Atlanta, GA, September 25, 2014 - For the third year in a row, Inc. Magazine......Read More

  • September 2014

    Atlanta, GA, September 17, 2014 – PrimeRevenue, Inc., the leading platform for optimizing cash......Read More

  • September 2014

    Atlanta, GA, September 8, 2014 – PrimeRevenue, Inc., the leading supply chain finance provider,......Read More

  • September 2014

    Atlanta, GA, September 3, 2014 – Advance Global Capital (AGC), a provider of capital......Read More

  • August 2014

    Atlanta, GA, August 26, 2014 – PrimeRevenue, Inc., the leading platform for optimizing cash......Read More

View All