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Tradecycle Capital & DZ Bank Implement $40 Million Securitization Facility

Aug 06, 2019 - GlobeNewswire

INDIANAPOLIS, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Tradecycle Capital LLC ("Tradecycle"), and DZ Bank AG Deutsche Zentral-Genossenschatfsbank ("DZ Bank") recently implemented a $40 million securitization facility to support Tradecycle's continued growth. The 3-year facility, which may be further expanded, will be utilized to help facilitate Tradecycle's unique, middle-market-focused Supply Chain Finance solutions.

"Tradecycle's unique product offering services a variety of vertical markets....