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March 2016

Addition of Markel International as credit insurer

Alternative Distribution Financing Ltd. (ADF) is pleased to announce the signing of a Master Agreement with Markel International, which will provide credit insurance cover on the Accounts Receivable and Accounts Payable based financing programs funded by ADF.

Kendall Stevens, CEO of GSCF Group commented: “We are very happy to count with Markel’s strong backing in terms of insurance coverage for our ADF programs, particularly given the growth momentum that we are experiencing. With Markel’s underwriting capabilities and GSCF’s robust credit risk management tools and features, we will ensure that we maintain the impeccable track record of our ADF portfolio as we expand going forward. We greatly appreciate Markel’s excellent team and coordinated work”.

Ewa Rose, Divisional Managing Director of Trade Credit at Markel International, added: “We are delighted to be working with the GSCF Group on this exciting new project. Our focus is on the development of innovative and specialist solutions so a partnership with GSCF Group is a natural fit for our team”.

To learn more about ADF, please contact us.