Ludfy Sumengkar's Contact Details

Ludfy Sumengkar's Company Details

Innervation Finance Group LLC

New York, NY, US • 5 - 9 Employees
Financial Services

Innervation Finance Group provides small and diverse suppliers with early payments against their approved invoices by offering attractive financing that is based solely on the credit quality of their large customers. Our modest fees are superior to suppliers'​ current cost of capital. As a tech-enabled company that uses supply chain finance to drive capital efficiency and procurement spend optimization with the strategically important diverse supplier community, Innervation provides the liquidity management tool diverse businesses need to manage cashflow more effectively and increase competitiveness.As large corporate buyers demand longer payment terms, diverse suppliers' cash flows become increasingly stressed. The current banking environment makes it difficult to finance term extensions, and as a result, diverse suppliers face greater business risks and working capital constraints that restrict opportunities for growth and long-term success. With higher capital costs and increased loan declination rates compared to non-diverse businesses, Innervation's working capital solution strives to directly address the access to capital needs of diverse suppliers. We provide flexible financing, improve and unlock cash and liquidity from the supply chain which enables large customers of diverse suppliers to improve working capital as well while reducing the risk of supplier disruption due to illiquidity.