Innovation, security, simplicity and rapidity
On the initiative of buyers enabling suppliers manage their bills in order to access to early payment.
Advantages
Suppliers
Non-recourse sale - Deconsolidation
No risk of recovery
No risk of customer credit
Free of engagement
No hidden costs
100% dematerialized
Buyers
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
Investors
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)
