C2FO delivers to HP and its supply chain by improving yields on short-term cash while providing working capital innovation to HP supplier partners.
KANSAS CITY, Mo., May 14, 2018 / — C2FO, the world’s market for working capital®, has extended its agreement with HP to provide supply chain partners access to cash flow at fair rates.
Suppliers can learn more about the program at c2fo.com/hp.
C2FO is a multinational early payment solution available in more than 148 countries and 37 currencies. The HP C2FO early payment program has been adopted by suppliers of all sizes, providing working capital to support manufacturing demand, business growth, and overall cash flow needs.
“C2FO helps HP provide working capital to our suppliers while earning a fair return on our cash,” said Zac Nesper, HP VP Treasury. “We are extending our work because C2FO has delivered outstanding results and service to HP and our supply chain.”
In addition to the value afforded to HP supplier partners, C2FO provides flexibility to enhance yields on short-term cash returns.
Working capital has long been a crucial part of the technology supply chain, and the ability for capital to flow down to each tier of suppliers is critical to growth and supply chain health. Both large and SME suppliers find C2FO to be a very flexible and easy-to-use cash flow solution.
“It’s very rewarding to see the direct financial impact that C2FO provides to global businesses,” said Sanjay Gupta, President and COO of C2FO. “We’re proud to collaborate with HP and its supplier partners and excited to continue our technology sector expansion.”
C2FO is the largest working capital marketplace in the world. Companies across the globe use C2FO to improve their financial position every day. C2FO is a leader in retail, industrial, manufacturing, energy, healthcare, technology, telecom, and transportation sectors.