Pemberton Capital Advisors' Stephen Elson and Mark Darell-Brown both unsurprisingly agree that the opportunity for their Working Capital Finance (WCF) group’s strategy in this time of supply chain disruption and further retreat from bank lenders is significant.
Although much of the finance world in the U.S. sees supply-chain finance, or “factoring,” as a last resort option, outside the mainstream, in Europe factoring has very much been mainstreamed.
The belief at UK-based Pemberton is WCF could be where private credit strategies were 15 years ago, which raises the stakes for more . . .