To ensure adequate supply chain liquidity preservation and requisite working capital, Fintech platform – CredAble with Northern Arc Capital has announced closure of India’s first securitisation of a pool of trade receivable loans. The securitisation is backed by approved trade receivable invoices with Multi Anchor – Multi Vendor PERSEC RBI securitisation structure. The same is said to be originated by Equentia Financial Service Pvt. Ltd. – a wholly owned non deposit taking NBFC subsidiary of Equentia SCF Technologies Private Limited (CredAble).
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Posted on Jan 17, 2023 Region: India
securitisation trade receivables securitisation, receivables, trade finance, invoice discounting, invoice finance
