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BankUnited signs on as funder for supply chain finance company

Ashley Portero
BankUnited signs on as funder for supply chain finance company

BankUnited is the newest addition to supply chain finance firm Prime Revenue’s ecosystem of funding partners. The Miami Lakes-based bank (NYSE: BKU) will begin funding drafts and account receivables programs for mid-market buyers in PrimeRevenue’s supply chain finance network, with the goal of helping businesses optimize cash flow and get paid as soon as possible. "We are extremely excited about our new relationship with PrimeRevenue, both to add to our own asset portfolio as well as to enable growing companies to optimize their working capital to invest in their future," said BankUnited Chief Operating Officer Thomas M. Cornish.