Marketplace trading platform LiquidX is rolling out its supply chain finance (SCF) program on its new web-based portal, the company said in a press release on Thursday (Dec. 19).
A global network for illiquid assets, LiquidX offers multiple trade finance and insurance products. The first SCF program will shine a light on LiquidX’s global onboarding and execution capabilities, same-day funding and “investor appetite within the high-yield credit market.”
Jim Toffey, CEO of LiquidX, said SCF adds to the company’s “growing suite of trade finance, working capital and insurance solutions. Clients can now transact across SCF, accounts receivable, inventory finance and trade credit insurance all in one place.”
The SCF platform operates on a cloud-based web portal and is a multi-funder working capital solution.