Apollo Scales Back Eliant Trade Finance Operations

Apollo Global Management is pulling the plug on several mid market invoice financing products at its Eliant Trade Finance platform. This decision comes as the wider inventory financing market faces significant pressure and a notable downturn.

The move marks a shift for the firm as it recalibrates its strategy in response to current economic conditions. Inventory financing has struggled recently, making it harder for platforms to maintain profitable operations in this specialized space.

Investors should keep an eye on how these institutional retreats impact liquidity in similar trade finance sectors. Changes at large firms like Apollo often signal a cooling period for these specific types of credit products.