Global Supply Chain Finance Ltd. (GSCF) is pleased to report a robust YTD performance, with aggregate processed volume as of April 2020 of 6% above the same period in 2019 and monthly processed volume of 24% above April 2019, and no defaults nor late payments from obligors in the programs.
These good results evidence the strength of the programs serviced by GSCF, partly due to their adequate structure, thorough underlying analysis of obligors and tight monitoring of program performance in real time, which enables immediate remedial action when required. Moreover, GSCF processes various programs involving leading companies in the IT sector, which has proven to be a very resilient industry sector.
Kendall Stevens, CEO of GSCF Group, commented: “The key programs that we service enable IT vendors to extend payment terms to their channel partners and distributors and with this secure a healthy cash flow between the trading partners ultimately leading to sales growth”.
To learn more about GSCF Group, please contact us.