Demica’s dedicated working capital financing vehicle for mid-sized corporates providing facilities of $30-100mn, delivering true cross border financing capabilities on a committed basis with predictable turnaround times.
An ideal financing solution for corporates with diversified pools of receivables and cross border selling entities.
How does it work?
MORE Finance transaction structure
Demica’s financing structure and reporting services reduce execution and ongoing costs whilst improving liquidity for our clients.
With an initial commitment of $300mn from institutional investors for deployment in 2019, this is expected to increase to over $2bn by 2020.
Key benefits of More Finance
3 years’ committed funding
Off-balance sheet potential
Low operational requirements
Demica’s value proposition
Access to non-bank funding at attractive rates
Innovative financing offering for the mid-market
Non-recourse, true-sale of receivables portfolios
Seller Criteria for MORE Finance
Revenues $250mn to $2bn
Credit rating CCC to BB+ (actual or implied)
Trade receivables $40mn to $125mn
Seller countries Europe & North America
Debtor countries G20 + selected emerging markets
Debtor concentration Based on S&P methodology, certain limits apply