Want to cut your energy bills? Here’s how five experts are doing it 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Ethiopian Airlines Expands Fleet with New Boeing 787 Dreamliner Order to Boost Global Routes 
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs 
Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe 
Elon Musk Faces French Probe Over X and Grok Amid Rising U.S.-EU Tensions 
Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus 
Indian Refiners Use Yuan via ICICI Bank to Pay for Iranian Oil Under U.S. Sanctions Waiver 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
How Technology Is Reshaping Modern Business: From Operations to Customer Experience 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank 
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns 
Indonesia and Toyota Explore $300M Bioethanol Investment to Boost Renewable Energy Goals 
Polymarket Seeks $400M Funding Round, Targets $15B Valuation Amid Prediction Market Boom 
SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips 
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries” 
STAMFORD, Conn., March 06, 2017 -- Finacity Corporation (“Finacity”) today announced its successful sourcing of a $5 million USD trade finance line for Luzar Trading S.A., a Panama-based trading house focused especially on the trading of corn, soy, wheat and other agricultural products and their derivatives.
This initial $5 million USD line supports the company’s sales into the Colombian market, and is part of a broader mandate under which Finacity has been engaged to assist Luzar in expanding its global funding relationships more generally. Additional credit facilities and lines are presently under discussion with other financial institutions.
About Luzar Trading S.A.
Luzar is a commodities trader with more than 100 customers across the Americas specializing in agribusiness and supporting animal feed manufacturers for poultry, hog and cattle growers, as well as prawn exporters. Luzar also serves as a charter for its own flows, in addition to third party flows. For further information, please visit www.luzartrading.com
About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of annual receivables volume of approximately $100 billion USD. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact: Finacity Corporation Thomas Heslenfeld Senior Vice President Tel: +1 (203) 428-3519 [email protected] Jim Leonard Managing Director Tel: +1 (203) 428-3584 [email protected]
