Finacity Hosts Receivable Securitization Industry Roundtables at the United States Embassies in The Hague and London
THE HAGUE, the Netherlands and LONDON and STAMFORD, Conn., July 02, 2018 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”) announced today that it has hosted two gatherings of senior finance professionals for an opportunity to network with peers and to learn about the very latest developments in Receivables Securitization. Receivables Securitization can lower a company’s all-in financing costs and maximize liquidity, while diversifying sources of funding. It is also an opportunity for off-balance sheet treatment of receivables through a facility which does not encumber other assets and has minimal covenants. The roundtables assembled at the United States Embassies in The Hague and London resulted from the support of the US Commercial Service, the trade promotion agency under the US Department of Commerce.
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual volume of receivables of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. Finacity is a recent recipient of the “Presidential Award for Export Service” from the United States Department of Commerce. For further information, please visit www.finacity.com.
For more information on this event, please contact:
Adrian KatzCEO203-428-3540 AKatz@Finacity.com