Global Supply Chain Finance Ltd. (GSCF) is celebrating the tenth anniversary of being awarded the Innovation Prize by the Cantonal Department of Economic Affairs of Zug, Switzerland.
Founded in 1991, GSCF has maintained its passion for innovation and its entrepreneurial approach towards business all along, coming up with new products and solutions tailored to the evolving needs of leading companies within supply chain finance (SCF).
Over the last 10 years, GSCF has achieved important milestones, including:
- The launch of new products aimed at financing companies’ Accounts Payable towards key suppliers without requiring their legal involvement (Trade Payables Financing) as well as financing programs for companies promoting sales through their distribution channel (Growth Financing). These add to the flag-ship product of GSCF – Distribution Financing – which in the last years has greatly evolved towards handling more complex cases in a fully bespoke manner
- The integration of credit insurance into GSCF’s platform
- The development of a new generation platform for the processing of programs with highly interactive features that allow for services to be individual to each program
- The creation of Alternative Distribution Financing Ltd. (ADF), a fronting funder of specific Accounts Receivable and Accounts Payable based programs, with liquidity from a diversified pool of GSCF Group partner banks and non-bank investors
Kendall Stevens, President of the Board of Directors of GSCF Group commented: “Innovation is an essential part of our corporate DNA. We are used to challenging ourselves constantly and designing new solutions that adjust to the changing environment, thus anticipating the requirements of companies. This trait has allowed us to remain ahead of the game throughout the years and is reflected in the increase in staff of over 200% since we were awarded the Innovation prize”.
To learn more about GSCF Group, please contact us.