RE: Not long now till the Banoco Confirmation RNS16 May 2024 14:23
‘Supply@ME has a healthy and growing pipeline of monetisations to complete and corporates to support. We hope that these will convert in due course and allow us to continue growing our reach across Italy, Europe and the UK before expanding into new markets, such as the UAE and the US.
Supply@ME offers a cost-effective solution for businesses and an alternative to traditional financing, allowing businesses to avoid incurring debt. For corporates, it is not overstating to say that it had appeared too good to be true.
There was, understandably, scepticism until they saw the process in action. Those doubts have now been removed.
Potential funders are now available for Supply@ME with an appetite to monetise the inventory of businesses in the UK and Italy; with new geographies expected to be added in the future.
Our pipeline of corporates is strong, and with clear proof of concept in our initial target markets, we are now ready to realise our business’s potential.‘
We want every business which grapples with the problem of holding unsold inventory to view us as a cost-effective solution that can improve their working capital. For our funding partners, we want to minimise the guesswork, so that they can confidently invest in inventory: an untapped real asset class.‘
Nice! Bring it on! IMHO DYOR