About this event
Who funds your working capital requirements? If the answer is always 'my bank, of course', it might be time to reassess.
With the right platform, today's supply chain and receivables finance programmes can call on multiple funders, even when your lead bank can't participate because of capital adequacy requirements or risk profile.
In this webinar, we'll hear from the experts to understand how the multi-funder approach can help scale working capital programmes and deliver significant benefits to a corporation and its suppliers.
Lori Sternola of GSCF will open with a look at how the funding landscape is changing with new types of non-bank funders and the increasing use of multiple funders. She will also share a brief case study on how one organisation has grown its programme.
Joel Weinberger of law firm Kirkland & Ellis will take us deeper into the practical aspects of multiple funders and the structures required to accommodate them, such as securitisation. Are working capital assets truly investable? What are new funders looking for? What should we be aware of when putting together such a programme?
You'll be able to ask questions of our live presenters and participate in the online conversation.
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Mike has been CEO of Adaugeo Media, the company behind The Working Capital Forum, since 2012. Before that he was CEO of the European operations of the Association for Financial Professionals. Mike is a regular speaker, writer and moderator on working capital and treasury management topics.
Lori Sternola is a seasoned finance professional with over two decades of expertise in working capital, capital markets, and securitization. Currently, she serves as the Global Sector Head for Corporates at GSCF, a Blackstone portfolio company, where her deep understanding of business needs and working capital ecosystems positions her as a thought leader in the industry. Before joining GSCF, Lori was the Senior Vice President of Working Capital at LSQ, focusing on innovative working capital solutions for five years. Her impressive career includes pivotal roles at renowned firms such as Oxygen Finance, UBS, and Lehman Brothers where she successfully led securitization sales in the UK and Ireland. Lori’s extensive knowledge and passion for innovative financial solutions enable her to drive working capital efficiency, helping businesses thrive in competitive markets.
Joel Weinberger is a corporate partner in the Chicago office of Kirkland & Ellis LLP. Joel counsels clients in a variety of asset securitization, structured finance, secured lending and receivables sale transactions. He represents private equity firms and/or their portfolio companies in structured financings involving bankruptcy remote special purpose entities and complex true sale and substantive consolidation analyses.
The Working Capital Forum is a networking group for those in treasury, payments and procurement with a shared interest in optimising working capital. We hold regular conferences and meetings in global financial centres, both online and in our legendary round-table lunches.