Supply@ME Capital plc (LSE:SYME) (LSE:SYME) has announced the launch of its Global Inventory Monetisation Fund.
Following the acquisition of TradeFlow, the fintech group now manages three Open-Funding structures in addition to the Bank-funding routes.
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The three open funding routes are: the inventory-backed securitisation note programme, also distributed by StormHarbour Securities; a Shariah-compliant investment product; a new proprietary structure, which includes the two existing TradeFlow Funds of which Tradeflow is also the investment advisory company.
Supply@ME has agreed with Apex Group to launch a comprehensive inventory monetisation fund, comprising four components, all advised by TradeFlow.
Two funds will be focused on import/export transactions while the other two on "warehoused goods monetisation".
The funds historically advised by TradeFlow have returned 6.01% net in 2019 and 5.93% net in 2020.
The group also revealed that the TradeFlow Capital funds received an Investment Grade final rating from a rating agency for its 4-year Senior Note.
Leveraging the global investor network of the group, the funds have already secured investors subscribing for the full initial US$40mln issuance.
"The Global Inventory Monetisation Fund is a unique investment opportunity for the market. It offers the potential to support the real economy and, at the same time, generates attractive returns protected by the high-quality risk management standards and state-of-the-art technologies adopted by the platform which runs the underlying inventory transactions,” said SYME chief executive Alessandro Zamboni.
"The potential for our business is enormous and we can start to think big, by integrating the funding capacity of the four funds in order to offer an end-to-end inventory monetisation proposition to corporates and international supply chains."
Shares rose 8% to 0.27p on Monday morning.