A new investment fund has been launched, aimed at helping US exporters with weak credit (read: auto companies) export products to lucrative markets. Delphi Trade, founded by Craig Allen and other export finance veterans, opened for business in late September. In the longer term, the fund will finance exports in developing markets, but in the shorter term has numerous opportunities in the US.
Supply chain finance companies help exporters with weak credit ratings sell products to buyers concerned about payment risk. Delphi helps companies capture new markets as well as serve existing customers by forwarding money to buy pre-sold goods and then passing them on to the end buyer, collecting a trade margin as its payment.
Manufacturers benefit because Delphi begins delivering payment immediately after a deal is signed, as opposed to months down the road when a product is delivered. The accelerated cash flow then can be used to purchase materials for production.
Although auto companies will be their initial focus, energy markets are also under evaluation as are other commodity markets, such as mining.
Check them out at Delphi Trade Inc.
A VC in Vacationland 
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