Global Supply Chain Finance Ltd. (GSCF) is pleased to announce the activation of a receivables financing program for a large group in the agro-food business and its customers in the US and Canada. The program for the equivalent of USD 135 million is financed by Crédit Agricole Corporate and Investment Bank and operated by GSCF.
Mona Ghazzaoui, Head of Receivables and Payables Financing Americas at Crédit Agricole Corporate and Investment Bank commented: “We have appointed GSCF as servicer of this new program in consideration of their advanced technology and the fact that they will make the program processes run efficiently and seamlessly”.
Kendall Stevens, CEO of GSCF Group commented: “We are very happy to see an increasing demand for receivables financing programs from companies in new industries and look forward to being of support with the management of these programs in the future”.
To learn more about GSCF Group, please contact us.