| PrimeRevenue Facilitates Supply Chain Financing |
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| Monday, September 29, 2008 5:03:00 AM PDT | VentureDeal Staff |
Tampa, Florida -- Masonite Corporation announce the completion of a supply chain finance program provided by PrimeRevenue for one of its major clients.
Finalized in an extremely difficult credit market, Masonite provided a 100% advance rate on the accounts receivable balance from a large retail customer.
PrimeRevenue provided its Supply Chain Finance (SCF) platform for the financial arrangement, creating new working capital efficiencies for the benefit of buyers and their suppliers.
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