The future of cross border Invoice Financing between Asia and the World

Stenn©2016

“What the Stenn team have been able to do is to fill the void that commercial banks have been unable to service in recent years due to ever increasing bank regulation”

Our Story

6 continents: We finance buyers around the world

2 offices: Singapore, London

$12bln financed: STENN teams track record since 2006

Stenn was founded by an experienced team of executives with a proven track record of building multi billion dollar accounts receivable portfolios in emerging markets …

… To offer a solution around a simple but very powerful idea: give international trade buyers and sellers an easy way to achieve open account terms and at the same time give sellers in cash starved Asian markets immediate access to working capital.

Stenn offers both buyer and seller a win win solution:

We give the buyer the ability to sell it before they pay for it, without using L/Cs an their valuable bank credit lines, with improved shareholder value as a result.

We give the cash starved Asian supplier access to credit allowing them to properly finance their production and their growth by offering more attractive buyer payment terms.

Expertise and Experience

Greg KarpovskyExecutive Chairman

Greg Karpovsky, the head of the Stenn team, is a leading trade finance executive, with a long and extensive history as a pioneer and innovator in trade finance. Greg was the founder and CEO of Eurokommerz which became the largest privately owned factoring company in Europe by 2008, with assets of USD 2 billion, and annual profit of $200m.

“We aspire to our services becoming the financial tool of choice for SME exporters from Asia and the bridge to trade for importers and retailers in the west.”

Walter ColebatchCEO

Walter is a London based Finance Executive who recently spent 3 years building Interfactor, a China-Russia invoice financing company. Walter has two decades in banking and finance working in London for several leading commercial banks and investment banks, including Standard Chartered Bank, where he was a specialist in emerging markets.

“There is a real lack of financing options for Asian exporters and this inefficiency ends up becoming a burden for buyers in developed markets.”

Ted EttershankHead of Advisory Board

Ted Ettershank heads Stenn’s Advisory Board and is one of the most seasoned and respected Invoice Financing professionals anywhere in the world. Ted was the founder and then the Head of Lloyds TSB Commercial Finance, Europe’s largest invoice financing business, for 20 years from 1988 to 2008 and is a regular speaker and panellist at industry conferences and events.

“What the Stenn team have been able to do is to fill the void that commercial banks have been unable to service in recent years due to ever increasing bank regulation.

Customer Focus

Stenn’s Operations

“At Stenn the customer always comes first. We strive to make same-day payments out to suppliers. We don’t interfere with the relationship between buyer and seller, and we always ensure processing is executed as timely as possible.”

Stenn’s Sales

It is vitally important for Stenn to continuously listen to the needs of our clients and ensure that our product offering is always tailored to those needs.

This is what will keep Stenn ahead of the curve, and ahead of our competition.”

Stenn’s Documentation

“Our legal and documentation processes take into account various factors such as cultural aspects, convenience, and ease of evaluation. My goal is to make our documentation as client friendly as possible. This is what 'customer orientation' means for us.”

Stenn’s Asia

“The markets of Greater China, South-East Asia and South Asia are some of the most dynamic worldwide. It’s crucial to understand cultural sensitivities and local business nuances when dealing with Asian business owners. Stenn’s dealings in Asia are all geared to winning trust and putting our Asian clients at ease.”

Our Clients

Stenn currently works with suppliers in China, Hong Kong, Indonesia, Thailand, Myanmar, Vietnam, Bangladesh and Cambodia.

Stenn works with buyers around the world. Our current client list includes buyers in the US, UK, Germany, France, Poland, Slovakia, Chile, Japan, Korea, Australia, South Africa and more. Over 50% of Stenn’s portfolio is with US buyers.

Stenn’s existing buyers include large public companies in the US, including national multi billion dollar buyers like Staples, Office Depot and others.

Associations & Partners

‣ Dun and

Bradstreet

‣ Barclays Bank

‣ Global Market Development

Centre

‣ North American Retail Hardware Association

‣ ID Global Concepts Limited

‣ Mashreq Bank

‣ Ernst & Young

‣ Tinubu Square

Seller's Benefits with Stenn

Business growth Increased appeal to existing buyers by offering

better payment terms Easier to get new buyers through competitive

payment terms

Reduced risk The risk for the buyer not paying, or paying late is

taken on by Stenn

Improve cash flow and working capital Access to working capital for materials Access to capital to fund growth and investments

Apparel and

accessories

Footwear Toys and childcare

Sporting goods

Cutlery Utensils and

glassware

Electronicsand

accessories

Auto partsand

accessories

Buyer's Benefits with StennReduce financial costs Reduce letters of credit (L/C) usage Move credit cost to seller

Improve cash flow and working capital Free credit lines tied up in L/Cs Increase days payable at sellers cost Increase return on cash Working capital improvements

Strengthened seller / improved performance Access to working capital for materials Access to capital to fund growth and

investments

Stenn International Ltd1-45 Durham StreetLondon, SE11 5JHtel.: +44 20 3735 9080

info@idgc.co

Contact Information

www.stenn.com

‣ Stenn International Ltd. Registered at 1-45 Durham St, London SE11 5JH.

‣ Registered in England #09488169. A part of the Stenn Group.