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  • GSCF Advances Connected Capital Platform to Originate, Manage and Analyze Working Capital Programs

    GSCF Advances Connected Capital Platform to Originate, Manage and Analyze Working Capital Programs

    Platform Adoption Fosters Network Integrating Corporate Clients and Funding Partners

    RELEASE DATE: 16 September, 2025, 9:00 am EDT   

    NEW YORK, September 16, 2025  – GSCF, a leading global provider of working capital solutions, today announced strong market adoption and significant new platform enhancements one year after its launch of Connected Capital. Built to unify bank financing and alternative capital on one servicing platform, Connected Capital has evolved into a scaled ecosystem delivering broader risk coverage, faster liquidity access and a more streamlined servicing experience for global enterprises, growth-stage companies and financial institutions.

    Since launching the platform in 2024, GSCF has activated 30 new working capital programs with leading enterprise corporates and emerging growth companies while deepening collaboration with its bank and asset manager partners to support more than $52 billion in volumes. The Company’s integrated servicing model helps clients optimize working capital through access to cost-efficient bank funding from a curated group of bank partners alongside flexible alternative capital solutions supported by GSCF’s asset manager partners.

    “In 2025, we’ve moved from launch to scale,” said Doug Morgan, Chief Executive Officer of GSCF. “By combining our industry-leading service infrastructure with the Connected Capital funding model, we’re helping clients expand funding coverage, unlock liquidity in new places, drive sales growth and manage global programs with greater precision. This is what the Office of the CFO demands today – choice in capital, control in servicing and clarity in data.”

    Platform Enhancement: Strengthening Connectivity and Control

    GSCF continues to invest strategically in technology, introducing new capabilities that unify data, decisioning and workflows across global working capital programs:

    • Connected Capital Control Center: A centralized hub that consolidates program data across buyers, suppliers, funders and regions and offers real-time visibility into utilization, risk, KPIs and cash flow drivers. The solution offers tailored dashboards that empower finance teams to coordinate actions across complex, multi-entity programs with clarity and precision.
    • Data Integrations and AI Readiness: Enhanced API connectivity across multiple ERPs and financial systems to eliminate data silos and automate onboarding, reconciliation and reporting. GSCF’s cloud-native platform consolidates data to drive smarter decisions and deliver AI-powered analytics at scale.
    • Servicing at Scale: A flexible, technology-enabled operating model supported by GSCF’s expert managed services – from high-touch to self-service – accelerates the time to first funding and reduces operating costs for corporate clients.

    “Clients want funding flexibility without operational complexity,” said Shannon Dolan, Chief Product Officer of GSCF. “Our next generation Connected Capital platform brings together data and decisioning across programs and partners, enabling teams to act from a single source of truth, accelerate access to capital and continuously optimize cash performance.”

    Why Connected Capital Now

    In today’s volatile operating environment, evolving supply chain networks and multi-entity corporate structures require broader risk coverage and faster execution. GSCF’s Connected Capital platform supports clients with:

    • Expanded Reach: Ability to serve more buyers, suppliers and geographies while mitigating program risk.
    • Greater Flexibility: Multi-funder structures that extend coverage across non-investment grade buyers, non-core geographies and complex program requirements.
    • Faster Liquidity Access: Near real-time execution achieved through program design and data integration.
    • Lower Operating Friction: Configurable workflows that reduce program complexity and custom builds.
    • Actionable Intelligence: Real-time insights that transform working capital from a tactical lever into a strategic growth engine.


    About GSCF

    GSCF is the leading global provider of working capital solutions. The Company enables corporates and financial partners to accelerate growth, unlock liquidity and manage the risk and complexity of the end-to-end working capital cycle. We originate, manage and analyze working capital programs through our innovative Working Capital as a Service offering, combining the power of a configurable and comprehensive technology platform, expert services and a Connected Capital ecosystem of alternative capital solutions and bank capital. GSCF’s team of working capital experts operates in over 75 countries to solve global working capital efficiency challenges. Visit www.gscf.com to learn more.

                 

                

           

                             

  • Private Equity and Global Risk: Rethinking Strategy in the Tariff Era 

    Private Equity and Global Risk: Rethinking Strategy in the Tariff Era 

    As macroeconomic and geopolitical factors converge, private equity firms are rethinking their exposure to global pressures, particularly in the form of tariffs and trade policy volatility. These forces are reshaping how deals are sourced, evaluated, and structured. 

    Sector Resilience and Rotation Toward Services 

    Certain sectors, especially software and business services, are being viewed as more resilient in the face of tariff uncertainty. These businesses often have fewer physical goods crossing borders and are therefore less exposed to direct tariff costs. However, inflationary effects can still impact downstream margins, particularly when cost inputs rise. 

    Geographic Diversification to Mitigate Concentration Risk 

    Firms are exploring geographic expansion to mitigate concentration risk. For example, a Canadian portfolio company may look to grow into the U.S. or Europe, not only for market opportunity but also to hedge against changes in trade policy. This is particularly relevant for funds with sector exposure in manufacturing, logistics, and consumer goods. 

    Tariffs as a Deal Structuring Variable 

    Deloitte’s 2024 M&A Trends Survey notes that nearly 1 in 4 cross-border M&A deals now includes tariff-adjusted valuation scenarios, underscoring the need for adaptive underwriting models. 

    In some M&A processes, the impact of tariffs is so significant that buyers are submitting dual bids, one assuming normal conditions and another adjusted for tariff exposure. This practice underscores just how embedded macro risk has become in PE underwriting. 

    Building Resilient, Globally-Aware Portfolios 

    Over 60% of private equity firms in North America cited geopolitical instability and trade policy shifts as a top risk in 2025, according to Preqin. In response, firms are embedding geopolitical analysis into due diligence. 

    Blackstone, for example, sees volatility from trade negotiations as an investment opportunity. CEO Stephen Schwarzman noted that uncertain markets often present the best time to deploy capital. With $177 billion in dry powder, Blackstone continues to act on global dislocation opportunities. He also revealed plans to invest up to $500 billion in Europe over the next decade, citing improving macro conditions, deeper government spending, and favorable valuations. 

    PE firms are taking a more analytical, scenario-based approach to global risk. Cross-functional diligence teams, including tax, trade compliance, and political risk analysts, are increasingly part of deal evaluation. 

    While the full impact of new tariffs may not yet be fully felt, firms should prepare for the possibility of more material disruptions as the year progresses. As such, firms are wise to hedge structurally now and factor in the potential downstream effects of trade disruptions to position themselves to respond with speed and flexibility. 

    How GSCF Can Help  

    GSCF helps clients navigate tariff volatility and geographic uncertainty by offering trade finance solutions that adapt to global risk. Whether structuring cross-border receivables programs or supporting localized funding needs, our solutions are designed to scale with your strategy and keep capital flowing despite external headwinds. 

    Now is the time to assess and understand your alternative financing options so when market signals shift or disruptions hit, you’re ready to act with confidence. GSCF ensures your financing structures are sound, flexible, and ready to deploy when timing is critical. 

  • Capital On-Demand: A New Model for Working Capital Resilience 

    Capital On-Demand: A New Model for Working Capital Resilience 

    In uncertain times, companies need more than just traditional bank lending, they need speed, optionality, and creative solutions. At the webinar, “When the Heat is On: Working Capital as a Strategic Advantage in High-Stress Situations,” GSCF’s Lori Sternola discussed a next-generation solution: Working Capital as a Service. 

    This model combines capital access, technology, and expert services into a flexible offering tailored to today’s volatile environment. As Sternola explained, GSCF funds over $70 billion in transactions annually and supports companies across 75 countries, helping them pull the right levers, when and how they need to. 

    Key benefits of GSCF’s model include: 

    • Connected Capital: Access to both bank and non-bank funding, including AR financing and synthetic DPO extensions that don’t require supplier participation. 
    • Integrated Platform: Real-time visibility, automated workflows, and dynamic reporting provide agility and control, even under pressure. 
    • Expert Services: GSCF’s seasoned team supports clients in originating, managing, and optimizing working capital programs  

    Sternola emphasized that companies don’t need to choose between flexibility and control. “We built this model for moments like these,” she said. “Our clients can enhance liquidity, improve governance, and extend runway, without overhauling their existing banking relationships or internal processes.” 

    She also encouraged companies to challenge their providers. “You might think you’re out of time, but with the right team, we can assemble a solution in as little as two to four weeks.” 

    Catch the full story: Watch the webinar here. 

    GSCF Insight: Whether you need working capital to fund growth or stabilize operations, GSCF’s Working Capital as a Service model delivers fast, customizable, and frictionless access to liquidity. When the pressure is on, we help you move fast and stay in control. 

  • From Fragmentation to Control: Ingram Micro’s Working Capital Transformation

    From Fragmentation to Control: Ingram Micro’s Working Capital Transformation

    Ingram Micro, operating in over 75 countries, faced a challenge common to many global enterprises: a patchwork of local working capital programs that lacked cohesion. In the webinar, “When the Heat is On: Working Capital as a Strategic Advantage in High-Stress Situations,” Assistant Treasurer Brad Banga shared how this fragmentation limited visibility, delayed funding, and complicated compliance during high-stress periods like the COVID-19 pandemic. 

    Without a unified platform, each country team managed its own receivables financing programs using different processes and tools. The lack of standardization created hurdles in calculating costs, assessing risk, and delivering reliable reports to internal stakeholders or auditors. 

    By partnering with GSCF, Ingram Micro was able to: 

    • Centralize its global working capital data into one system of record. 
    • Standardize processes for invoice uploads, approvals and reporting across all markets. 
    • Improve governance and auditability, ensuring compliance and reducing operational risk. 
    • Enhance agility, allowing the treasury team to respond more quickly to changes in funding needs or market dynamics. 

    Banga emphasized the importance of future-proofing working capital programs: “Even if you’re just starting out with one or two programs, you need to build with scale and efficiency in mind.” 

    Want to learn more? Watch the webinar recording here. 

    GSCF Insight: Our technology and servicing platform helps corporates unify and scale their working capital programs globally. This can lay the groundwork for the Office of the CFO to move from tactical to strategic working capital. 

  • Tariffs, Tension, and the Office of the CFO’s Competitive Edge

    Tariffs, Tension, and the Office of the CFO’s Competitive Edge

    The reintroduction of 25% U.S. tariffs on multiple countries is more than political posturing, it’s a macroeconomic shockwave that reverberates through every balance sheet. CFOs don’t have the luxury of waiting for trade policy to stabilize. The Office of the CFO must act now – to protect liquidity, preserve margins, and turn volatility into value.

    A CFO’s Reality Check

    The latest round of tariffs is forcing leadership teams to reassess supplier relationships, pricing strategies, and financing structures in real time. These aren’t theoretical risks – they’re immediate cash flow events. Procurement teams may be renegotiating contracts, but the lag between strategy and execution can be fatal to liquidity.  Unfortunately, the changeable nature of these tariff mandates doesn’t negate them – it actually increases the need for CFO’s to be nimble and prepared to respond quickly.

    That’s why GSCF offers a proactive approach with our Connected Capital model with alternative capital channels and integrated working capital programs to strengthen customers’ financial position and gain real-time control.

    Why This Isn’t Just About Trade

    Tariffs act as a slow-moving liquidity crisis. Margins compress. Suppliers become stressed. Cash conversion cycles elongate. If you’re waiting for your bank to offer more credit, you’re already behind.

    GSCF’s hybrid model has allowed us to:

    • Deploy alternative capital without increasing our leverage ratios
    • Maintain strong supplier ties by offering early payments without weakening our own liquidity
    • Access dashboards that model risk exposure across regions in real time

    This is not about riding out the storm. It’s about using the storm to reset how we finance growth.

    The Strategic Window Is Open, But Not Forever

    The 90-day pause before tariffs fully take effect isn’t a grace period – the run-up periods to implementation are a countdown. We’re using this window to help customers hardwire resilience into their working capital model. GSCF is a key partner in enabling that shift.

    If you’re still viewing working capital as an operational task, you’re missing the bigger play.

    This is finance’s moment to lead. Contact us today to see how GSCF can support your working capital needs.

    Contact us to see how GSCF can support your working capital needs.

    Explore our latest playbook for finance leaders navigating trade uncertainty.

  • When Plans Change, Liquidity Shouldn’t Be the Problem

    When Plans Change, Liquidity Shouldn’t Be the Problem

    Why forward-looking finance leaders are using Connected Capital to absorb shocks – without harming credit or investor confidence


    When your five-year plan meets a global curveball, do you pivot or pause?

    For investment-grade corporates, volatility isn’t hypothetical. It’s constant.

    Whether it’s a margin squeeze, supply chain disruption, or a sudden drop in demand, the imperative for the Office of the CFO is the same: preserve optionality, protect the balance sheet, and keep moving forward.

    But that’s easier said than done when liquidity is locked up in receivables or tied to strict covenant terms.

    Explore how finance leaders are using off-balance-sheet working capital to navigate uncertainty without breaching covenants or risking a downgrade. With AR Purchase, treasury teams gain rapid, non-dilutive access to liquidity, unlocking capital quickly and seamlessly.

    This isn’t emergency funding. It’s a resilience strategy designed for today’s volatile macro environment.

    So when the next disruption hits, you don’t delay your roadmap. You accelerate it.

    See how top CFOs are building resilience through recalibrated working capital. Download the Connected Capital Blueprint eBook to learn more.

  • Strengthening OEM Supply Chains with Alternative Capital

    Strengthening OEM Supply Chains with Alternative Capital

    In a volatile supply chain environment, OEMs are under increasing pressure to support both upstream suppliers and downstream customers.

    That’s where Connected Capital comes in. With the right partner, OEMs can unlock liquidity throughout their supply chain ecosystem, without adding risk or cost to their own balance sheet. From vendor pre-shipment funding to customer-side payment flexibility, working capital programs can be designed to:

    • Accelerate production by funding key suppliers
    • Boost sales by giving customers more time to pay
    • Maintain visibility and control via centralized analytics

    This alternative capital model, enabled by GSCF’s platform and expert services, supports business growth, strengthens critical partnerships, and ensures continuity when traditional financing might not be an option.

    Download the Connected Capital Blueprint to see how OEMs are future-proofing their ecosystems.

  • Navigating Tariff Uncertainty: A Strategic Window for Corporate Resilience

    Navigating Tariff Uncertainty: A Strategic Window for Corporate Resilience

    In a world where geopolitical volatility increasingly shapes economic strategy, the latest 90-day pause on U.S. tariffs is more than a breather—it’s a signal. A signal that companies must rethink how they manage liquidity, adapt their working capital models, and position themselves for growth amid ongoing uncertainty.

    At GSCF, we see this as a pivotal moment.

    Tariffs Are More Than Trade Policy—They’re a Working Capital Challenge

    Tariffs don’t just hit the P&L – they tighten liquidity, disrupt supplier relationships, and distort pricing strategies. Traditional responses like renegotiating contracts or shifting sourcing take time and offer limited relief. What corporates need is agility – the ability to act quickly and strategically, without adding risk to the balance sheet.

    That’s where GSCF’s Connected Capital ecosystem steps in.

    Future-Proofing Liquidity with Connected Capital

    Our clients turn to us for more than financing – they rely on GSCF for integrated working capital solutions to give them a competitive advantage.

    With our Connected Capital solutions, we help clients:
    • Access alternative capital alongside traditional bank funding, unlocking a hybrid model that increases flexibility without increasing debt.
    • Gain real-time visibility into liquidity positions and supply chain risk through data-driven analytics.
    • Accelerate cash conversion cycles, releasing capital that can be redeployed for growth initiatives – even during tariff-driven disruptions.

    And importantly, our solutions are designed to scale, enabling corporates of all sizes to navigate complexity and capitalize on opportunity.

    The 90-Day Advantage

    This temporary pause offers a strategic window for action. In these next 90 days, GSCF can help implement a tailored working capital program that improves cash flow, strengthens supplier partnerships and enhances resilience.

    The companies that act now won’t just weather the next tariff, they’ll come out stronger, more liquid, and more agile than their competitors.

    Let’s Talk

    If your business is assessing the impact of tariffs, or simply seeking to improve its working capital position, we should talk. At GSCF, we’re partnering with enterprises and growth corporates across sectors to turn uncertainty into opportunity through the power of Connected Capital.

  • Leveraging GPUs for Growth

    Leveraging GPUs for Growth

    Understanding the Headwind:

    In the rapidly evolving landscape of technology, Graphics Processing Units (GPUs) are crucial for applications ranging from gaming and artificial intelligence to data processing and scientific research. However, the supply chain for GPUs is often weighed down with challenges that can significantly impact working capital management for manufacturers. The high demand and limited supply of GPUs, coupled with geopolitical tensions, manufacturing bottlenecks, and fluctuating demand, create a complex environment for businesses relying on these components.

    Why It’s a Common Challenge:

    The global supply chain for GPUs is highly sensitive to various factors, including semiconductor shortages, trade restrictions, and fluctuations in demand. Manufacturers must navigate these challenges while managing the substantial upfront investment required for GPU production. The need for continuous upgrades to stay competitive further strains cash flow. Additionally, disruptions in the supply chain can lead to delays and increased costs, affecting the overall financial health of the business. Fluctuating demand adds another layer of complexity, as manufacturers must balance inventory levels to avoid overproduction or stockouts.

    The GPU market is experiencing significant growth, driven by advancements in technology and increasing demand across various sectors. Here are some key statistics:

    • The global GPU market size is expected to reach USD 86.94 billion by 2025 and grow at a CAGR of 33.2% to reach USD 364.53 billion by 2030.
    • The rising implementation of GPUs in autonomous vehicles, metaverse applications, and high-performance computing (HPC) is likely to drive long-term market growth.
    • North America holds a significant share of the GPU market, driven by demand from gaming, AI research, and cloud computing
    • Asia-Pacific is projected to be the fastest-growing market due to the booming gaming community, increasing semiconductor production, and growing investments in AI and cloud computing

    How Connected Capital Can Help:

    Integrated working capital solutions provide manufacturers with the liquidity needed to invest in GPUs and manage supply chain disruptions without impacting their balance sheet. By leveraging these solutions, businesses can secure the latest GPU technology and maintain operational efficiency. This approach not only improves cash flow but also ensures that companies can mitigate supply chain risks and adapt to fluctuating demand. Additionally, working capital solutions like AR Purchase and AP Finance help manufacturers optimize their cash flow by accelerating receivables and extending payables, ensuring they have the funds to cover operational expenses and invest in growth initiatives.

    Outcome:

    By adopting working capital solutions that leverage integrated technology and Connected Capital, GPU manufacturers can navigate the financial and supply chain challenges associated with high-cost equipment and fluctuating demand. They achieve improved cash conversion cycles, enhanced workflows, and the ability to invest in leading technology without compromising their financial stability. This leads to sustained growth and a competitive edge in the market.

  • The Biggest Working Capital Challenges & How to Overcome Them

    The Biggest Working Capital Challenges & How to Overcome Them

    The Road to Working Capital Maturity – Blog Series – Post #3

    Managing working capital effectively is no easy feat. According to the Working Capital Forum Maturity Model Report 2025, companies cite five key challenges that hinder their ability to optimize cash flow.

    Top 5 Working Capital Challenges in 2025

    1. Supply Chain Disruptions (21%)

    2. Shifting Customer Demand & Inventory Levels (18%)

    3. High Interest Rates & Credit Constraints (15%)

    4. Disconnected Data & Fragmented Systems (12%)

    5. Geopolitical & Economic Uncertainty (10%)

    The Path Forward: Connected Capital

    In a landscape where traditional financing alone is no longer enough, companies need a flexible, integrated approach to working capital. GSCF’s Connected Capital model provides access to alternative capital solutions while enabling businesses to partner with their house banks to achieve the funding and services they need. Our end-to-end platform offers advanced analytics, actionable insights, and full transparency into working capital programs –ensuring businesses can optimize cash flow, enhance liquidity, and build resilience against uncertainty.

    Read the Full Report for More Insights.