Stenn Concludes Seven-figure Financing Solution for Overseas Suppliers of a Fertilizer Importer in India
Victor Yankovskiy
Director @ DP World | Working Capital, Sales Strategy, Business Valuation
Stenn recently concluded an accounts receivable finance program for the overseas suppliers of a leading fertilizer company in India. The Indian importer is engaged in the manufacturing of technical grade ingredients and formulation of insecticides, fungicides and herbicides, intermediates, and bio-pesticides.
The Stenn team of Victor Yankovsky and Shruti Singh, along with channel partner Vilas Darji, were able to onboard the importers’ overseas suppliers quickly under Stenn’s newly launched Covid-19 Trade Recovery Program.
“The Covid-19 pandemic has interrupted business around the world, and suppliers and buyers all across the globe have been hit severely. The buyers have started asking for extending credit terms which puts the suppliers’ cash flow under stress. Stenn’s newly launched Covid- 19 Trade Recovery Program helps the importers to find solutions for their suppliers and pay to them against the shipment,” said Victor Yankovsky, Managing Director Business Development at Stenn.
About Stenn
Stenn International Ltd. is a UK-based data and financial technology company providing flexible financing to companies engaged in cross-border trade. Stenn provides innovative financing solutions that unlock working capital in global supply chains, improving cash flows, and increasing flexibility for suppliers/buyers. Stenn is a Global Trade Fund with offices in UK, Europe, Asia, and America.
Learn more about our Covid-19 Trade Recovery program.
Investment Banking, M&A, Private Equity, Stressed Assets Funding, Insolvency Advisory (Managing Partner, Finsmart Advisory)
3yCongratulations Shruti!
Vice President - Finance at Ripley Group, International Operations
3yWe are proud to be associated with STENN on the Trade Financing products. Thanks Shruti Mahajan Singh and Victor Yankovsky
Banker, Volunteer, Average actor, Average golfer
3yAm I correct to think that this was a 'reverse factoring' deal? Nice one - congratulations
Transforming B2B trade with our cutting-edge AI-powered digital platform. Be part of history—join us as a stakeholder or a key team member in shaping the future of B2B procurement.
3yCongratulations
Independent Non Executive Director | Advisor to new and transforming businesses
3yWell done, Shruti!