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Multibank supply chain finance
December 2014 - SupplyChain Digital

Strengthening with multibank supply chain finance solutions

As capital markets have become a less reliable source of financing, supply chain finance is now seen as a strategic component of a company’s working capital management kit with many corporations using this solution to de-risk their supply chains and realize working capital improvements. Furthermore, globalization and the increased complexity of supply chains has created the need for bank agnostic platforms which are not limited in terms of jurisdictions, currencies, and credit capacity. Multinational coporations (e.g. Whirlpool, Volvo, KPN) are already using supplier finance solutions. These successful programs are based on multibanking platforms which provide several key benefits.

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Obama administration launches supply chain finance.
December 2014 - Trade& Forfaiting Review

Obama administration launched supply chain finance programme – inspired by the UK

Having seen the success of UK Prime Minister David Cameron’s supply chain finance initiative in 2012, the Obama administration launched its own equivalent on July 11 2014 known as SupplierPay. Supplier finance programme provider PrimeRevenue is working closely with the White House to provide a platform for everyone to actually deliver on the pledge. “We were invited to support the SupplierPay initiative with our global platform and solution to allow corporates to deploy such financing programmes on a large scale, ” said Oliver Belin, a member of the leadership team at PrimeRevenue in an interview with TFR, after having returned from a meeting in Washington with White House officials and US corporates on November 17 2014 to support the announcement of the initiative’s expansion.

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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.

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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.

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Latest Press Releases

  • December 2014

    Atlanta, GA, December 9, 2014 – PrimeRevenue Inc., the global leader in working capital......Read More

  • December 2014

    Atlanta, GA, December 2, 2014 – PrimeRevenue Inc., the global leader in working capital......Read More

  • 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

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