Finacity Facilitates Increase and Amendment for Accounts Receivable Securitization Program for Hyperion Materials & Technologies Inc.
Finacity Facilitates Increase and Amendment for Accounts Receivable Securitization Program for Hyperion Materials & Technologies Inc.
10/21/24, 1:08 PM
Location
stamfordIndustry
lending
finance
financial services
Type
agreement
Finacity Corporation facilitated an increase from $40 million to $45 million for the commitment capacity of the Accounts Receivable Securitization Program of Hyperion Materials & Technologies Inc. Additionally, an amendment to the program added three US entities and one European entity. This agreement aims to improve the efficiency of Hyperion's AR program and signifies a strong continued partnership with Finacity.
Company Info
Location
stamford, connecticut, united states
Additional Info
Finacity, a White Oak Company, specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $200 billion. With resources in the USA, Europe, Latin America, and Asia, Finacity conducts business throughout the world with obligors in 175 countries. Finacity is affiliated with White Oak Global Advisors, LLC, a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing, and recapitalization of small and medium enterprises. For further information, please visit www.finacity.com.
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