Finacity Snapshot
Finacity wants to give clients financial tenacity. The firm buys, services, and securitizes trade accounts receivable for middle market and larger companies, offering receivables purchase and funding, credit management, risk mitigation services, and receivables sales. It processes and funds some $15 billion in receivables per year for clients in North America and Europe. Finacity is a cooperative venture between ABN AMRO, Bank of America, Euler Hermes, and AMROC Investments. Kleiner Perkins Caufield & Byers, Avenue Capital, and Ecoban also own stakes in the company.
