PrimeRevenue now allows both traditional and non-traditional funders to access the working capital finance market.
Introducing PrimeRevenue Capital Management For Funders: Providing revolutionary mechanisms for non-bank investors to participate in trade finance
Working capital finance has emerged as the new playing field for non-traditional funders. A recently launched venture, PrimeRevenue Capital Management is now providing the mechanisms for non-bank investors to access this booming market and fund supply chain finance programs. PrimeRevenue Capital Management gives non-bank entities such as insurance companies, pension funds, hedge funds, capital market investors and other financial institutions access to working capital finance. These trade finance assets typically have a very low risk profile and are among the highest performing assets in terms of risk-adjusted yield.
The new company offers offers low-risk and low-cost access to capital that allows businesses to be agile and deploy supply chain finance programs faster.
Fund receivables and generate tangible revenue.
We work with leading global financial institutions and funding sources to optimize working capital in financial supply chains. Currently, PrimeRevenue has developed partnerships with more than 50 leading financial institutions and funding sources, including the largest banks and capital market investors in the world, funding programs for our 20,000 customers. We deliver real-time flows of invoice and payment information to our funding partners, enabling them to provide working capital financing. PrimeRevenue provides all parties with previously unobtainable transparency and visibility on supply chain transaction details, reducing the risk of fraud and errors considerably.
Our funding partners have generated over $150 million in revenue on our platform last year alone. With PrimeRevenue processing over $120 billion in payables transactions every year, growth opportunities for our partners are considerable.
Benefits for funders to partner with PrimeRevenue
- Having a direct relationship with the supplier/seller and the buyer/obligor with full disclosure
- Tested and approved by over 50 funding sources, including some of the largest global banks and industry standard audits while running on highly secured systems
- Offering fast go-to-market strategy for funders and other partners
- Allowing banks to market supply chain finance independently on PrimeRevenue’s platform
- Money flows do not go through PrimeRevenue but directly to the funder
- Full transparency on pricing, without participation fees
- Receiving support in terms of collection of know-your-customer (KYC) requirements
We help you deliver benefits to your clients
Funding partners provide liquidity under their set of terms based on standard legal agreements provided by PrimeRevenue. Funding partners do not need to be involved in the setup of the system with the buyer, education, project management, or with the onboarding of the suppliers. Funders can participate in individual financial supply chain programs or in concert with other funders under specific terms.
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. In addition, while SCiSupplier is a multibank solution, it is not an auctioning network where funders compete for buyers or financing offers. These are private communities where funders are invited, terms are agreed to, and they become the exclusive funding sources to these programs.
If you are interested in partnering with PrimeRevenue for shared business success, please contact us and join the largest working capital finance platform, OpenSCi, today.