Payables Arbitrage

25 June 2016

Convergence has recently launched our new product know as Payables Arbitrage.  This solution allows buying organizations to drive a dynamic discounting program to their suppliers utilizing outside capital.  This provides arbitrage returns for the buyer as they may add their own interest rate spread on top of their own cost of funds to allow suppliers to apply for early payment.  This is also extremely useful for small and medium size buying organizations as the funder no longer is responsible for KYC due diligence on the end recipient of funds.

Please read more by downloading our brochure here:  

Payables Arbitrage