RE: SYME - Huge Pipeline Growth and Potential12 Oct 2022 10:40
Worth repeating Ben Fountain’s clear explanation on LinkedIn, two months ago, of what this investment is all about. Anything as complex as this takes time to establish. Trade it if you like. In my portfolio it remains a long term investment.
“Fintech pioneers Supply@ME Capital plc and VeChain Foundation, in partnership, are very soon going to announce the worlds first TrueSale Inventory Monetisation transaction. This will completely change the way businesses, especially SME's are financed, forever.
By securing a "Loan" against an agreed market value of your company warehouse stock in the form of true sale, using blockchain technology and smart contracts, you can release money / cash tied up in your business off book, with no negative cash balance showing on the balance sheet.
When the time comes to sell your warehoused goods / inventory to your consumer / customers, you simply buy / purchase back some or all of your goods from Supply@Me for the pre agreed price (including your loan fee) to then re-sell them on to your customer for a profit. The blockchain is then adjusted to reflect the new total and can be monitored from start to finish by all authorised parties using their realtime platform.
Add in the fact that Supply@Me also offer endtoend financing via their subsidiary TradeFlow Capital Management (TFC) for InTransit (being transported) goods, you can see they really do have the whole package taken care of for any client contemplating taking advantage of this service. DP World DPWorld liked the business model so much, they now offer the service themselves to their clients through a WhiteLabel offering in partnership with Supply@Me and Tradeflow.
SYME's business models are Sharia law compliant so can operate in UAE / MiddleEast countries, working with their funding partner Intesa Sanpaolo Intessa Sanpoalo Bank. The platform is also being rolled out across USA / Americas with assistance from Tony Brown, a world leader in Supply Chain Finance. Europe, Oceanic and Asian markets are able to take advantage also.
This business model also holds a massive opportunity for companies to keep on hand additional stock at minimal extra cost to themselves, which in turn help alleviate the SupplyChain crisis we are seeing all over the world at present. Not only this, but it helps create a fairer market with up to date tracking of commodity prices / values which are used for all financing packages creating a level playing field for all.”