Singapore-based independent asset manager EFA Group has launched an investment fund that finances the receivables and supply chains of small- and medium-sized businesses (SMEs) in Asia. “The fund expects to deploy a financing turnover of US$300 million in 2018,” the group said in a statement. The EFA Supply Chain Finance Fund will provide 30-day to 180-day loans to SMEs in…
Have a confidential tip? Get in touch [email protected]