FortuneoBusiness line 07 · Specialty finance
Fortuneo Annona.
Fortuneo Annona is trade finance: receivables, supply chain, structured trade and commodity finance for the companies that make, move and sell goods. Short tenors, self-liquidating structures and sanctions and anti-money-laundering screening as the binding control.
§ 01What Annona does
The products.
Trade finance: receivables, supply chain and documentary finance.
Receivables finance
Advances against invoices, with or without recourse.
Supply chain finance
Early payment for suppliers, anchored on the buyer’s credit.
Structured trade and commodity finance
Transaction-by-transaction financing of goods in transit and in storage.
Documentary finance
Letters of credit and the documents that move with the goods.
§ 02Who it serves
Built for importers and exporters.
Importers and exporters
Companies that need working capital between shipment and payment.
Suppliers
Suppliers who want to be paid early on approved invoices.
Commodity traders
Traders financing goods against warehouse receipts and bills of lading.
§ 03On the register
Fortuneo Annona, at a glance.
Where the line stands today, from its own documents.
Line of business
Receivables, supply chain, structured trade and commodity finance
Segment
Specialty finance
Entity
A business line of Fortuneo LLC
Regime
Operating business
Regulators
Applicable state lending regulators; sanctions and anti-money-laundering screening as the binding control
Status
In formation
Next line
The year’s supply. Then steady, settled.
Each Fortuneo line takes its name from a Latin word for what it does. Annona is “the year’s supply”; Stata is “steady, settled.”
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