Thursday 5 November 2020

Sidetrade

Yes, yes. Whatever. I don't mind. 'What, boss?' Exactly, Voice! 'Eh?!' Yes. It's a PR email. Later, I'll be doing a stuff post, again.

But now ...

Sidetrade, AI platform dedicated to accelerating business revenue and cashflow, is pleased to announce a new partnership with Hyman Capital, a London-based boutique merchant bank, to help their clients and private equity contacts to adjust quickly to The Thing outbreak in terms of cashflow generation.

Okay, okay.

It goes without saying ... but I will say it ... 'No endorsement, boss!' 

Christ. I was just going to say that, Voice!

'I want more responsibility!'

Ha! At least he doesn't want more pay, dear reader(s).

'Some pay would be nice.'

I'm sure it would.

Anyway ...

Sunil Pandit, partner and alliance lead at Sidetrade says: "Private equity funds want more visibility around working capital and how it's financed. They need rapid assessment of risk and identification of cash levers. We are supporting these challenges by offering agility in their management of working capital in their portfolio companies. Unlocking cash is the cheapest source of finance to reduce borrowings. After taking initial actions to recover and stabilize their cashflow position, portfolio companies can focus on growth!"

On growth - !!! Okay.

Kind regards,

Christelle ...

'Is that it?!'

Er ... no. I was just quoting from the introduction, like. Christelle!

The economic damage is palpable, and Hyman Capital, a London-based boutique merchant bank, recognizes the importance of moving quickly to avert cashflow problems in businesses where 'Cash is King'. Hyman Capital, which provides transaction support and advisory services for businesses, has partnered with AI firm Sidetrade to support the cashflow challenges of its business clients and private equity contacts.

Er ... 'Have you missed a bit, boss?'

I shouldn't have quoted from Christelle. I should have gone straight into the press release. I don't want to repeat stuff. 'Heaven forbid!'

Oh, here's Clive ...

Clive Hyman, founder and CEO of Hyman Capital, says: "More than ever, a strong cash management and a solid cash position are the top priority for businesses. In this context, Sidetrade is the ideal partner due to its leading AI technology and 20 years' business experience of unlocking cash from working capital."

Right. Thanks, Clive. 'Where's Derek?' We don't have Derek. Only Sunil.

Come on, Sunil, mate!

Sunil Pandit, partner and alliance lead at Sidetrade says: "Private equity funds want more visibility around working capital and how it's financed. They need rapid assessment of risk and identification of cash levers. We are supporting these challenges by offering agility in the management of working capital in their portfolio companies. Unlocking cash is the cheapest source of finance to reduce borrowings. After taking initial actions to recover and stabilize their cashflow position, portfolio companies can focus on growth!"

On growth - !!!

Thanks, Sunil!

'That was a repeat of the bit at the top.' What?! Ah, never mind.

We'll let Clive have the last word ...

Clive Hyman, founder and CEO of Hyman Capital, says: "I was, er ... down at the Top Rank ballroom the other night. Took Dolly, and, you know ... the women. And, er ... we were having quite a good time. And, uh -"

Yes, okay. Thank you, Clive.

ENDS

...

Anything else?

No, not really.

But I'll be writing another post this afternoon. About stuff. Music and stuff. Probably.

Laters.

Sunil Pandit, partner and alliance lead at Sidetrade says: "Private equity funds want more visibility around working capital and how it's financed. They need rapid assessment of risk and identification of cash levers. We are supporting these challenges by offering agility in the management of working capital in their portfolio companies. Unlocking cash is the cheapest source of finance to reduce borrowings. After taking initial actions to recover and stabilize their cashflow position, portfolio companies can focus on growth!"

Yes, thank you, Sunil.

Unbelievable.