Wachovia, part of Wells Fargo Group, choses GSCF as servicing platform
GSCF signs Service Agreement with Wachovia Bank and becomes servicer of its Buyer and Seller Centric financing programs.
Deutsche Bank approves GSCF as vendor of services
With the signing of a Service Agreement with Deutsche Bank (DB), GSCF becomes an approved servicing platform of supply chain finance programs funded by DB.
Opening of new offices to cover worldwide operations
GSCF opens new offices in Montevideo (Uruguay) and Kuala Lumpur (Malaysia).
GSCF receives Swiss Logistics Award
GSCF´s proprietary processing platform obtains second prize from the Swiss Logistics Award during event in Zürich.
Activation of new large receivables-based financing programs
GSCF establishes receivables financing programs for leading IT vendors expected to reach $3 billion in outstandings by year-end.