HSBC Launches Receivables Advantage Solution

HSBC has launched its new HSBC receivables advantage solution, A powerful tool for receivables finance that helps big businesses make the most of their working capital and improve their liquidity by giving them better receivables finance options.

Named HSBC Receivables Advantage, the solution enables businesses to unlock cash from their receivables on a non-recourse basis, by selling receivables to HSBC and transferring non-payment risk on the receivables to HSBC.

By providing rapid access to working capital under the enhanced solution, corporates can plan with confidence and maintain growth momentum within a changing, and often complex, trade landscape.

Bhriguraj Singh, Chief Product Officer at HSBC Global Trade Solutions said: “Businesses navigating today’s evolving trade environment require solutions that support financial resilience and help manage risk effectively – working capital and resilience have never been more important.

“HSBC Receivables Advantage is specifically designed to help large global corporates create balance sheet efficiency, manage buyer credit risk and improve liquidity, empowering them to effectively navigate challenges and pursue growth opportunities with confidence.”

The enhanced solution is primarily relevant to large corporate clients engaging in domestic trade or exports on open account trading terms.

HSBC’s recent Trade Pulse survey reveals that businesses are increasingly viewing today’s trade challenges as a catalyst for innovation, with 77% indicating how they have been prompted to evolve and explore new opportunities. As a result, many are reconfiguring their supply chains and reassessing operational footprints; with 83% planning to nearshore to be closer to key customer markets and 77% considering nearshoring.

In addition, the research showed how medium and large firms (turnover of $500 million and more) are feeling the impact more than smaller firms.

These strategic shifts underscore a growing demand for robust risk management, access to investment capital, and solutions that reinforce investor confidence – needs which HSBC Receivables Advantage intends to support by helping to improve liquidity and manage buyer credit risk.

For more information about HSBC Receivables Advantage, visit: HSBC Receivables Advantage I Non-Recourse Receivables Financing Solution

With the introduction of the HSBC receivables advantage solution, HSBC is still the best at coming up with new ways to finance receivables, which helps businesses improve their cash flow and make the most of their working capital.