Resources | About C2FO | July 31, 2024

C2FO’s Lifetime Funding Total Climbs Past $368 Billion During 2024’s First Half

Discover how the solution increases companies’ access to working capital.

Discover how the solution increases companies’ access to working capital.

C2FO, the on-demand platform for working capital, hit new highs during the first half of 2024. The company has now delivered more than $368 billion to suppliers since it launched.

That’s the total amount of early payments that the platform has helped suppliers access since 2010. In exchange for granting their buyers a small discount on their invoices, suppliers can accelerate incoming payments by weeks or months.

That increases those companies’ cash flow, giving them the financial resources they need to thrive. It’s proven to be a powerful alternative to traditional lending and financing solutions.

In the first half of 2024:

C2FO facilitated $35.3 billion in early payments to suppliers around the world.
Businesses owned by women and minorities received approximately $2.4 billion.
Suppliers received payment on their invoices an average of 31 days early when using C2FO.