eCargo Holdings Limited (ASX: ECG), a Hong Kong-based supply chain company helping brands expand and sell more in the Asia market, secured a new private debt facility with AlteriQ Global, an Asia-focused private credit investment firm, for US$5M.
The company intends to use the amount to accelerate the continued growth of its proprietary B2B eCommerce platform, Flow, which provides B2B supply chain solutions for international trade including buyer-supplier management, international logistics and credit management.
eCargo Holdings is an ASX-listed supply chain solutions provider helping brands expand and sell more in the Asia market, with a specific focus on China. Its one stop service covers logistics, eCommerce, Online to Offline distribution and B2B supply chain solutions.
Used by brands across different categories, eCargo builds an agile, digitalised, and integrated supply chain infrastructure to drive operational efficiency for brands to deliver omnichannel growth in new markets.
FinSMEs
09/01/2024