SpendEdge Helped a FinTech Equipment Company to Bring Down Debt Securities to 20% | Request a FREE Proposal to Gain In-depth Insights
Summary
LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on reducing debt securities to 20% for a fintech company in the US by performing a financial risk assessment. The key objectives they aimed to achieve through this engagement are mentioned below: “Despite the US economy on an upswing, fintech companies need to minimize excess provisioning of credit by banks and assess suppliers financial strength to reduce debt securities,” says Srinivas R, Procurement Manager at SpendEdge. In collaboration with SpendEdge, the client – a fintech company – brought down debt securities to 20% from 35% in three months and reduced the risk of insolvency. To gain detailed insights into the financial risk assessment solution offered by our experts to the fintech company, request more information. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries.