As the world’s largest non-bank provider of working capital, C2FO seeks to address the limitations of traditional financial institutions in an opaque market where the underwriting of credit is inefficient and costly.
Suppliers can use C2FO to offer their buyers a discount in exchange for early payment. Buyers upload the suppliers’ invoices into C2FO. The supplier chooses which invoices to discount and offers a discount rate. If the buyer accepts, payment is released early. It is as simple as that – with no banks, factors, debts, or other commitments involved.
As more companies struggle to access third-party funding, find it challenging to access reasonably priced options, or become frustrated with the broken system and processes, C2FO offers suitable solutions. It allows companies to accelerate or extend AP or AR on-demand, providing both buyers and suppliers greater control over cash flow, as well as utilising AR financing and other data-driven funding options.
C2FO’s global network includes over one million businesses, with $10.5 trillion (€8.67 trillion) in annual sales. C2FO’s mission is to deliver a future where every company in the world has the capital needed to grow. For more information, visit www.c2fo.com.
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