TRESO2 is a supply chain finance solution, who converge
objectives of the various actors of this ecosystem.
improve their cash management.
Strengthen and secure supplier’s relationship.
Improve the risk of their short term investments.
Innovation, security, simplicity and rapidity
On the initiative of buyers enabling suppliers manage their bills in order to access to early payment.
Non-recourse sale - Deconsolidation
No risk of recovery
No risk of customer credit
Free of engagement
No hidden costs
Payment deadlines maximization – improvement of the working capital requirement
Preservation of bank’s borrowing
Utilization of the financial resources, treasury/cash-flows of the group
Protection of strategic supplier’s ecosystem – keeping the best-in-class suppliers motivated
Additional negotiating leverage with suppliers
Durable “win-win” partnership – Mutual trust to be an attractive client – Optimization of the way of working with suppliers: “Extended Enterprise”
Respect of payment terms and visibility on corporates’ commitments – Reverse Supplier Evaluation
Corporate social responsibility approach – Maintain the CSR leadership
Contribute to financial sustainability and competitiveness of suppliers
One identified risk: the buyer
Dedicated and transparent vehicle
Bond maturities between 30 and 360 days
Low use of equity
Floating rates based on the 3-month Euribor (floor at zero)
Enhanced coupon rate relative to standard money market
Societal commitment by solving company’s liquidity issues
Onboarding of thousands of suppliers (SMEs and large corporates)
Pytheas Capital Advisors
14 rue Ballu
01 83 90 20 20