PrimeRevenue and Singapore-based alternative lender ApexPeak have signed a partnership, aiming to deliver innovative working capital and supply chain finance (SCF) solutions to client companies.
Marking the expansion of PrimeRevenue’s activities into Asia Pacific, the partnership aims to serve a growing demand for the services of each company throughout the region.
“We chose to partner with PrimeRevenue because they offer the largest platform of available trade assets to fund, and their services, operations and support makes it easy to join and participate in new and existing financing programmes,” says CEO at ApexPeak, Gakim Solomons.
“Working capital finance solutions have emerged as the new playing field for non-bank funders,” adds commercial advisor and founder at PrimeRevenue, Rob Barnes. “This strategic partnership will further strengthen our funding pool and diversify financing opportunities for our clients.”
With a focus on providing working capital solutions to SMEs in emerging economies, ApexPeak has financed transactions in more than 25 emerging markets to date.