PrimeRevenue and SCC Partner to Help Companies with Working Capital
PrimeRevenue and Swiss Commercial Capital (SCC), have joined forces to address the working capital needs that Global 2000 companies, their supply chains and distribution channels face in today’s volatile economic environment.
SCC is an arranger and service provider for trade and distribution finance solutions which assist global manufacturers and regional distributors alike in reducing risk, increasing liquidity, driving sales growth and lowering costs along the supply chain. It is focussed on cross-border receivable finance through its flexible and technically advanced processing engine as well as state-of-the art web-based reporting systems.
PrimeRevenue provides a web-based supply chain finance (SCF) platform that connects buyers, suppliers, and selected financial institutions in a collaborative approach to working capital management. The PrimeRevenue SCF platform helps companies reduce working capital, reduce supply chain risk and provide on-demand cash liquidity. The solution is offered in a software-as-a-service model to reduce costs and implementation timeframes.
“We teamed up with PrimeRevenue in order to provide a fully comprehensive end-to-end supply chain finance offering for global corporations, encompassing both payable and receivable oriented facilities” said SCC’s chief executive David Roberts.