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ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.

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