leadf
logo-loader
viewsupply@me

Supply@Me Capital breaks down new funding 'opportunity' agreement with 'captive bank'

Supply@Me Capital PLC's (LON:SYME) Alessandro Zamboni talks Proactive through their latest announcement to enter into a funding agreement with new 'captive bank'.

Zamboni says the 'opportunity will create a funding machine' for the platform and its shareholders 1AF2 and The AvantGarde Group - which he says 'will have no impact on the balance sheet of Supply@Me.

He goes on to say that the deal, which is worth up to €8bn over five years, is necessary because his firm 'needs funders in order to monetise inventory'.

Quick facts: supply@me

Price: 0.51 GBX

LSE:SYME
Market: LSE
Market Cap: £167.05 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of supply@me named herein, including the promotion by the Company of supply@me in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Supply@ME Capital PLC: An innovative technology platform to provide...

Proactive Research analyst Ed Stacey says Supply@ME Capital PLC (LON:SYME) offers an innovative technology platform providing inventory monetisation, which can help a wide range of manufacturing and trading businesses to improve their working capital position. He says the model is finding new...

on 05/27/2020

2 min read