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Case Study 15
Blend advises a global agribusiness conglomerate on a long-term fleet financing facility

The Company is a global player in the Agri sector with a diverse portfolio of expertise across various verticals, encompassing agricultural inputs, logistics, merchandising, food processing, and supply chain optimization. Blend Finance was mandated to provide a financing solution for the procurement of the fleet so that the Company could strengthen its supply chain and optimize overheads in its origination and distribution markets across Africa & Asia.

The solution structured by our Export & Structured Finance team (ESF) is aimed at providing a long-term financing solution at competitive pricing to our client. This was achieved by structuring the procurement and then securing the funding from a West European Financial Institution adding a strong credit enhancement.

Blend’s Value Add: -
  • The structure enabled the Client to receive a 7 year facility which is much longer than a traditional fleet funding line.
  • Competitive interest rate below 2% pa.
  • The facility covered financing of not only the fleet but also spare parts & consumables i.e Agri commodities at competitive pricing providing utmost flexibility to the Client.
  • The facility provided the Client, flexibility of choosing the suppliers/ brands of the trucks thus providing higher efficiency during operations.
  • The facility was available for utilization of up to 18 months, thus providing flexibility in optimizing the procurement schedule.
  • Faster turnaround time due to the well-laid-out execution plan and track record.
About Blend's Export & Structured Finance Division (ESF):-

Our ESF team works extensively on Sovereign, PPP, and Private Projects across geographies in various sectors spanning from Energy, Infrastructure, Logistics, Education, Healthcare, and Agriculture. Leveraging on the large network of banks, funds, DFI's, traders, EPC players, and Insurance providers from across the Globe- we advise and arrange bespoke financing solutions for our clients.

Case Study Blend Finance