Finacity Supports $200 Million Receivables Securitization for Nitron Group Corporation

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization for Nitron Group LLC (“Nitron”). The facility supported by Nitron’s global receivables portfolio allows for up to $200 million in funding. Finacity provided analytic and structuring support, as well as serving as the ongoing Transaction Administrator. The program is the latest deal struck since Finacity joined Greensill in June of 2019, adding Finacity’s world leading receivables securitization capabilities to Greensill’s market leading financing capabilities for all aspects of working capital finance.

Spotlight

As your restaurant or franchise navigates current challenges, you start finding that your old accounting system which worked fine in the past starts holding you back. Manual processes and lack of visibility into your locations as well as across the entire business hinders strategic decisions. Viewing COGS in this way can indicat


Other News

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Spotlight

As your restaurant or franchise navigates current challenges, you start finding that your old accounting system which worked fine in the past starts holding you back. Manual processes and lack of visibility into your locations as well as across the entire business hinders strategic decisions. Viewing COGS in this way can indicat

Resources