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Advance Global Capital, PrimeRevenue in supply chain finance deal

Friday 5 September 2014 08:26 CET | News

Advance Global Capital (AGC), a provider of capital and investment fund advisor, has launched a supply chain finance (SCF) initiative.

The new facility features Navistar, a US manufacturer of commercial vehicles and their supplier of metal components, Inmagusa, a Mexican manufacturer of frame rails. The financing of the Inmagusa-Navistar facility is done in partnership with PrimeRevenue, a US-based SaaS supply chain finance (SCF) platform operator.

In recent news, Rexel, a global distributor of products and services for the energy world, has selected the OpenSCiTM solution from PrimeRevenue to set up and manage their supplier finance program.


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Keywords: Advance Global Capital, PrimeRevenue, supply chain finance, SCF, SaaS, Navistar, Inmagusa
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech