Singapore-headquartered asset management company EFA Group has launched a new investment fund specialising in receivables and supply chain financing to SMEs in Asia. Finance terms of 30 to 180 days are available and the fund expects to advance funding worth US$300 million in 2018.
CEO François Dotta said, “The launch of this fund reinforces EFA’s standing as a leading alternative credit specialist. We are expanding beyond commodity trade finance but at the same time, staying true to our mission, which is to bridge the gap between companies that need capital and investors who can supply it. The result is a win-win for everyone.”
EFA Group was established in 2003 and provides financing solutions to businesses in Asia, the Middle East, Europe and Africa.