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June 2015

Global sales initiative with Euler Hermes

Global Supply Chain Finance Ltd. (GSCF) has launched a sales cooperation with Euler Hermes, the world’s leading Credit Insurer, to match the presently available access to investors and funders and expand into new industry sectors by offering comprehensive working capital solutions to global corporates.

Kendall Stevens, CEO of GSCF Group commented: “Historically, GSCF has not actively promoted its services in the marketplace due to our dependency on liquidity providers to finance our programs. However, now that our own financing vehicle Alternative Distribution Financing (ADF) has covered that gap, we have turned our attention to growth, actively pursuing companies which would greatly benefit from our services. Today, we announce a new sales cooperation with Euler Hermes to offer world-class financing programs globally based on companies ́ trade receivables and payables. Euler Hermes has been an outstanding partner for GSCF, providing adequate risk cover when required and we look forward to extending this partnership. In support of our growth, we have also launched a redeveloped website which provides a more complete overview of GSCF’s services”.

Marcel van den Akker, Director of Euler Hermes World Agency (Northern Europe) stated: “The complementary nature of our businesses and unified vision of what we want to achieve will help us succeed globally. At Euler Hermes, we fully trust GSCF ́s risk-sensitive processes and real-time monitoring of programs, and greatly value the transparency provided through their impressive technology and automated alerting system”.

GSCF’s Offering

  • Structuring of fully-customized financing programs based on companies ́ A/R and A/P
  • Flexible and automated servicing features resulting in reduced costs and operational risk
  • Multi-funder, multi-currency model, offering competitive program financing via one contract
  • Ample credit insurance cover
  • Ability to implement programs quickly on a global basis

To learn more about GSCF Group, please contact us.