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Resources | Uncategorized | 15 February 2024

C2FO Delivers £58 Billion in Working Capital to Suppliers in 2023

The platform served as an important source of capital as interest rates remained perilously high for many businesses.


Text on a dark patterned background reads, "C2FO By the Numbers Q4 2023" with a stylized green and blue logo above, highlighting insights into working capital trends.

The platform served as an important source of capital as interest rates remained perilously high for many businesses.

As interest rates stayed elevated last year, suppliers around the world used C2FO’s platform to access low-cost, convenient capital — without taking on debt or having to convince a loan officer of their creditworthiness. 

Having a debt-free source for capital helped those businesses keep up with their bills and even make important investments in their growth. 

According to this year’s totals: 

  • C2FO delivered more than £58 billion in funding to suppliers around the world, strengthening their cash flow so they could pay expenses and invest in growth.
  • Last year’s activity pushed C2FO’s lifetime total for supplier funding to £265 billion.
  • On average, C2FO was able to help suppliers get paid 31 days ahead of schedule. 

Explore C2FO’s results for 2023

Check out the full report on our performance below.

Infographic titled "By the Numbers", showcasing C2FO's 2023 results. Highlights include £265B in working capital funding, £583M earned by UK suppliers, and 4,584 new businesses. Features global map, statistics, and individual success story photos.

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