Eric Van Loon, Deputy CEO at Finventory, spoke to our Chief Strategy Officer Lisa Moyle at FTT Lending 3.0 about challenges in supply chain finance, in particular, asset-backed lending.
Finventory, a SaaS provider, supports banks and other financial institutions to safely and securely provide much needed inventory finance to corporates.
Speaking on the relevance of inventory financing, Eric explains how their front-to-back rendering of the lending journey has identified and filled the “missing middle” which has presented a challenge for financial institutions. Automating the process and, crucially providing the data driven insights, allows for better risk monitoring and greater efficiency throughout, addressing a real market challenge.
It’s an important topic and discussion about a type of financing that is extremely important yet often underfunded.