Resources | About C2FO | 27 July 2022

C2FO’s Working Capital Solutions Give Businesses the Liquidity They Need in 2022

In times like these, it’s essential for businesses to have a steady, reliable source of working capital.

In times like these, it’s essential for businesses to have a steady, reliable source of working capital. 

That’s why C2FO helps companies around the world to increase their liquidity with a portfolio of flexible, fairly priced solutions, so they can quickly adapt to higher prices and cash flow crises.

During the first half of 2022:

  • Businesses using C2FO’s platform received more than $36.7 billion in early payment on their invoices, up 65% compared with last year. 

  • More than 15.5 million invoices were accelerated for companies around the world. 

  • The average invoice on C2FO’s platform was paid 32.3 days faster than it normally would be. 

Take a closer look at C2FO’s impact  

Some key statistics that illustrate the size and scope of the world’s largest platform for working capital Q2 2022  FOUNDED IN 2008  TOTAL EMPLOYEES 870+    5 GLOBAL OPERATING CENTERS United States, United Kingdom, India, Australia and China  CURRENCIES 42 Funding provided in 42 currencies and 14 languages, with the capacity to award in 84 currencies.  $221B in working capital funded since 2010.     CUSTOMER BASE  Over 1.83 million in-network businesses in 160+ countries.   99 of the Fortune 100 companies are in the C2FO network.   1,535 of the Forbes Global 2000 are in the C2FO network.     EMPOWERING ALL BUSINESSES TO THRIVE  $2.76B  in accelerated funding to diverse suppliers so far in 2022.  1,235  women- or minority-owned businesses funded in 2022.     LOADED AP / AR  41.6M+ approved invoices uploaded each day.  $988.5B Matched $988.5 billion of AR to $988.5B of AP during the first half of 2022.  $19.3B in awarded funding, a 63% increase YOY  8.3M invoices accelerated in Q2  $675.8M Top funding date in Q2: $675.8M on June 23.     C2FO IMPACT: YTD 2022  $867 MILLION Top funding day YTD: $867M on March 25  $36.7 BILLION in funding  65%  increase in funding compared to the first half of 2021  $1.4 BILLION per week in awarded funding  2.6 MILLION invoices accelerated each month, on average  15.5+ MILLION invoices accelerated  32.3  DAYS Collection times reduced by an average of 32.3 days   5.58% Average global funding rate of 5.58%

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