What is Mid-Market Supply Chain Finance from PrimeRevenue and AIG?
Supply Chain Finance from PrimeRevenue and American International Group (NYSE:AIG) gives mid-market companies transparent and inexpensive access to working capital for the first time. Mid-market companies can optimize their payment terms while, at the same time, suppliers can sell their invoices for early payment and improve their working capital immediately. By underwriting and insuring the credit risk through our strategic partnership with AIG, the supply chain finance solution can be offered to mid-market and non-rated companies, extending the value proposition to a vast number of companies around the world. The solution offers all of the advantages of a fully automated supply chain finance platform, while removing the traditional barriers for mid-market companies. Financing is provided by PrimeRevenue Capital Management, which provides an opportunity to insurance companies, pension funds, hedge funds and capital market investors in addition to banks. As a result, it offers companies access to the largest pool of liquidity in today’s market.
- Access to funding with competitive pricing on a true multi-funder platform
- 100% credit risk cover provided by AIG
- A clear, simple interface that gives the user total control
- Fast, seamless integration with all major back office systems
- Rapid supplier onboarding through an optimized supplier validation process
Why PrimeRevenue and AIG?
PrimeRevenue is the world’s leading supply chain finance platform provider and AIG is a major global insurer. The strategic partnership between the two companies provides top-tier risk management expertise, an unprecedented scale of financing and the opportunity for funding partners to access one of the fastest growing markets in finance today. PrimeRevenue’s proven platform and customer service, allied with AIG’s scale and trade credit expertise, deliver a clean, fast, simple and powerful solution for mid-market companies. Contact PrimeRevenue today or find out if Mid-Market Supply Chain Finance is right for your business