Sanlorenzo partners with FinDynamic
Sanlorenzo has selected finance service provider FinDynamic to support its supply chain operators with finance options using its digital platform.
In addition to confirming, the firm will also provide dynamic discounting, meaning suppliers can obtain advance payments of their invoices. Sanlorenzo said that this would help to increase its supply chain’s stability.
“Our supply chain is a key element of our business model,” said Attilio Bruzzese, group chief financial officer, Sanlorenzo. “[With the current challenges facing the industry,] we have been feeling the strong sense of responsibility to effectively support our suppliers, to enable them to keep growing together with Sanlorenzo.”
Milan- based FinDynamic provides supply chain finance solutions for more than 200 companies in Italy
Enrico Viganò, co-founder and CEO, FinDynamic said: “Our objective has always been to make supply chain finance solutions a valuable instrument to foster business growth by supporting supply chains.”