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Resources | About C2FO | July 31, 2023

As Interest Rates Spike, C2FO Gives Another Option to Businesses Around the World

The platform delivered fair, fast working capital to companies of all sizes during the first half of the year. 


The platform delivered fair, fast working capital to companies of all sizes during the first half of the year. 

During the first six months of 2023, C2FO helped deliver more than $35 billion in early payments to businesses around the world. 

Interest rates remain sky-high in many regions, so having access to C2FO is a lifesaver for many companies. Instead of borrowing from a traditional lender, they can grant their customers a relatively small discount — a less expensive option — and be paid within days.

That funding helped those businesses to meet payroll, invest in inventory and continue to expand their operations.  

During the first half of 2023:

  • C2FO helped users receive payment nearly 31 days early on average. 
  • Roughly 2.65 million invoices were accelerated each month. 
  • Minority- and women-owned companies received about $1.73 billion in early payments. 

Explore C2FO’s performance during the first half of 2023

Check out the full report on our results below.

In this article:

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