Atlantiq – an innovative solution
After having considered bank financing, our subsidiary STACI FOOD (turnover of €50M), specialising in agri-food logistics, finally chose Atlantiq.
The Atlantiq solution is unique in that it combines financing and inventory management; Atlantiq actually took over the entire working capital requirement while buying all our inventory. Since then, all our suppliers charge Atlantiq for our inventory purchases. And as and when we ship items, Atlantiq bills and recovers the amounts directly from our clients.
Without the burden of both our WCR and the administrative and accounting management of supplier and client flows, the gain was immediate, allowing us to focus on our added value, which is tri-temperature logistics for major restaurant and hotel networks in France.