Resources | About C2FO | May 6, 2024

C2FO’s Lifetime Funding to Suppliers Climbs Past $351 Billion

Explore the platform’s performance from the first quarter of 2024.

By The Numbers for Q1 2024

Explore the platform’s performance from the first quarter of 2024.

Since it was founded, C2FO has helped deliver more than $351 billion in early payments to companies around the world, providing those businesses with the working capital they need to meet payroll, buy inventory and pay other expenses. 

That’s according to the company’s latest performance numbers through the first quarter of 2024. 

With C2FO’s industry-leading platform, the world’s largest companies agree to pay their invoices weeks or even months ahead of schedule, in exchange for a small discount from their suppliers. 

Getting paid faster shrinks the cash conversion cycle for those smaller businesses, boosts their cash on hand and gives them another option for capital beyond traditional lenders and high interest rates.

In the first quarter of 2024: 

  • C2FO delivered approximately $17.4 billion in funding during that quarter alone.
  • On average, suppliers that used C2FO received customers’ invoice payments 31 days early.
  • So far, the platform has delivered $1.4 billion in early payments to diverse-owned businesses.

Explore C2FO’s results from Q1 2024

Check out the full report on our performance below.

Related Content

C2FO Delivers $73 Billion in Working Capital to Suppliers in 2023

The platform served as an important source of capital as interest rates remained perilously high for many businesses.

C2FO Fast Track: How Can I Learn More About C2FO?

Learn how to answer your biggest questions and do more with the platform.

Subscribe for updates to stay in the loop on working capital financing solutions.