Supply@MeCapital targets ‘huge untapped market’ with ABS debut

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By Owen Sanderson
23 Sep 2020

LSE-listed fintech Supply@MeCapital is preparing a €300m securitization in the new asset class of inventory monetisation via StormHarbour. The firm’s backers are already moving to the next expansion phase by lining up a captive bank to purchase, boosting its funding capacity and opening the route to fully tranched securitization deals.

Inventory financing is a common technique for SMEs and larger firms alike, particularly those with limited access to other forms of credit, since pledging inventories as collateral gives lenders excellent security.

But true sale, securitization-style financings that are off balance sheet are much rarer, with Supply@MeCapital considering them ...

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