Supply@Me Capital PLC's (LON:SYME) Alessandro Zamboni talks Proactive through their latest announcement to enter into a funding agreement with new 'captive bank'.
Zamboni says the 'opportunity will create a funding machine' for the platform and its shareholders 1AF2 and The AvantGarde Group - which he says 'will have no impact on the balance sheet of Supply@Me.
He goes on to say that the deal, which is worth up to €8bn over five years, is necessary because his firm 'needs funders in order to monetise inventory'.