A newly-formed African group needed to finance the operations of its new subsidiaries to facilitate their supply and offer attractive payment terms to their customers. With no consolidated financial history, the group needed to build a credible, decentralized solution that would be reassuring to financiers.

Structuring credit and factoring lines in several countries, without the support of a balance sheet or group rating.
The challenge: to rely on the solidity of commercial partners (customers and suppliers) to obtain lines, while supporting each subsidiary in its banking and administrative procedures (KYC) and management tools.

• Introduction of factoring lines based on end-customer credit quality
• Negotiation of short-term financing backed by strategic suppliers
• Support for the operational launch of subsidiaries and formalization of KYC with local banks
• Deployment of a network-wide consolidated cash flow plan, with reporting to shareholders
• Structuring of cross-functional processes (flows, validation, cut-off) and implementation of currency hedging tools