A New Growth Engine
A summary of benefits of partnering with PrimeRevenue for Financial Institutions include:
- A proven and secure platform for managing the financing of supply chain clients with consistency and clarity.
- Incremental Business at low cost of Sale.
- Reduced Trading Processing Costs and Improved Efficiency.
- Increased Lending Opportunities without process expenses.
- Complete visibility and reporting of all trades, terms, fund flows.
- PrimeRevenue assistance to streamline your go-to-market process and support your team
PrimeRevenue OpenSCi™ places the Financial Institution directly in the middle of the real-time flow of payable/receivable information between Buyers and Suppliers, enabling the automatic participation in on-demand, transaction-level financial services. PrimeRevenue provides all three parties with previously unobtainable clarity and visibility around trading relationships and supply chain transaction details.
Funding partners provide liquidity under set terms and conditions that allow the program to operate without their having to process individual trades, while knowing that terms and conditions are under control. Funding partners can participate in individual SCF programs, in concert with other funders and/or in multiple programs under specific terms.
PrimeRevenue lowers the cost of financing to businesses throughout the supply chain, reducing credit risk and processing costs, while increasing lending opportunities and lowering risk. Simultaneously, we help Financial Institutions leverage their strengths as providers of liquidity, trust and financial settlement services by tightly integrating them as true business partners with our Buyer and Supplier clients.