A well-known UAE-based company, involved in providing high-quality coffee beans and coffee machines to retailers, foodservice and hospitality chains across the Middle East required procurement of coffee machines and beans on an extended credit period.
Innovus structured this transaction by bringing in an intermediary trader to provide a supplier's credit solution for the purchase of coffee machines and coffee beans from the suppliers designated by the client. This entire transaction allowed the client to procure both, coffee machines and coffee beans from multiple suppliers for a long-term credit of 5 years without any incidence of leverage on its books and at competitive rates.