Approaching Supply Chain Financing: Hummingbird vs Kingfisher style
Companies should start deploying working capital management tools such as Supply Chain Financing (SCF) in order to position themselves for success as the recovery phase from Covid-19 starts. This report describes two approaches that companies can follow for choosing the SCF program and provider that are right for their needs.
Crédit Agricole CIB´s Reverse Factoring program managed by GSCF
GSCF activates the servicing of a large Reverse Factoring program for its client Crédit Agricole CIB. The program involves an important player in the power and energy infrastructure industry and numerous suppliers.
Interview: Insights on the IT industry
Senior Relationship Manager at GSCF Alberto Cocco, with his vast experience in the IT industry, reflects upon the developments of the industry´s distribution and how GSCF has been able to provide considerable service to it.
New program in the US for major food producer financed by Crédit Agricole CIB
GSCF and its partner bank Crédit Agricole CIB activate a USD 300 million receivables financing program for a global food producer and its retailer customers in the US.
Blackstone acquires GSCF
GSCF is pleased to announce the acquisition of the company by funds managed by Blackstone. Kendall Stevens, who remains as CEO, considers the addition of Blackstone as instrumental to unlock GSCF´s full potential and to enhance its path towards the next stage of growth, consolidating its leadership as servicer in the supply chain finance market.
New program for major aluminum producer financed by J.P. Morgan
GSCF activates a USD 450 million receivables-based program financed by J. P. Morgan for a global aluminum producer that involves multiple currencies and hundreds of buyers in over 40 countries.