Global Supply Chain Finance Ltd. (GSCF) is glad to announce the activation of a Growth Financing program in the United States with leading IT Distributors financed by Banco Santander and serviced by GSCF.
The program, which will reach a size of USD 1 billion in the incoming months, finances the early payments agreed between an IT OEM and its Distributors, boosting their growth.
Kendall Stevens, CEO of GSCF Group, commented: “We are excited with the launch of this program with our new partner Banco Santander and trust that it will be highly successful and long-lasting. Growth Financing constitutes an innovative program structure, particularly applicable in the IT-sector, where it generates important benefits to Buyers and Vendors alike”.
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