This is a press release from our partner, ETR Digital
London – June 4th, 2026
ETR Digital and Investec Capital Solutions have completed their first transaction using Working Capital Notes™, releasing earlier liquidity for a UK food supplier importing goods from overseas into the UK grocery market. The transaction marks an early milestone in a partnership the two firms believe points to a faster, simpler and more widely accessible model of working capital finance.
Issued through ETR Digital’s Flownote™ platform, Working Capital Notes™ (WCNs) convert verified trade and logistics data into transferable digital instruments that can be financed once accepted. Rather than relying on rigid, manual processes, the structure draws on real-time trade documentation, so suppliers are paid earlier in the cycle on approved invoices while buyers retain their existing commercial terms. In this transaction, funding was released within minutes of documentation and digital signature, with no major systems integration required.
Crucially, the structure uses verified real-time logistics data – confirming that goods are in transit – as the trigger for earlier payment, rather than relying on manual invoice approval. The approach is particularly suited to sectors such as food and commodities, where long transit times can create significant liquidity gaps. For buyers, supporting faster payment to suppliers helps strengthen supply chain resilience and can support better price execution, while forming part of wider cost and efficiency efforts.
For Investec Capital Solutions, the transaction is an early step in what it sees as a much broader opportunity. Rob Harris, Co-Head, Investec Capital Solutions, commented: “What makes this exciting for us is the versatility. We’ve financed this transaction on the supplier side, but the same structure works just as well for buyers who want to extend payment terms while still ensuring their suppliers are paid promptly. That dual benefit is rare. Over time, we expect to see WCNs used right across supply chains – by suppliers to release cash sooner, and by buyers to manage their own liquidity – with Investec providing the funding that sits behind both.”
He added: “Working capital finance has historically been a fairly blunt instrument. What ETR Digital’s technology gives us is precision – funding that responds to verified trade activity, deploys quickly, and is backed by enforceable digital assets. From a financier’s perspective, that combination of speed, security and auditability is genuinely valuable. It allows us to support a wider range of businesses, with greater confidence, and to build long-term funding relationships rather than one-off facilities. We see significant room to grow this with ETR Digital, and we’re committed to doing exactly that.”
TETA played a central role in this inaugural transaction for the UK food supplier, providing visibility across the supply chain through its Signal platform, including the transportation data used to support earlier payment.
John Buxton, Chair, TETA, said: “Access to real-time transportation data is a critical step in helping businesses move goods across long distances while improving cash flow. By enabling earlier payment through WCNs, suppliers can access liquidity sooner, creating a more efficient outcome across the whole supply chain.”
The transaction draws on verified trade and logistics documentation – including bills of lading, commercial invoices and transport certification – to create a transferable instrument that can be financed as soon as it is accepted by the buyer. Trade documents are managed through TETA’s Signal platform, and once approved, the WCN is digitally created and signed, then funded by Investec Capital Solutions. At maturity, the buyer settles with Investec under agreed commercial terms – a structure that is simple to operate and sits alongside businesses’ existing workflows.
Dominic Broom, CEO, ETR Digital, said: “Working with a funding partner like Investec Capital Solutions, and a supply chain platform like TETA, is central to making this model work in practice. Our technology creates the instrument, TETA provides the trade documentation layer, and Investec brings the capital and the commercial relationships. Together, we are giving businesses on both sides of a transaction a genuinely new way to improve liquidity – one built around the way trade actually flows. This first transaction is a great milestone, but we predict many more to come.”
The collaboration forms part of a broader programme, with further transactions anticipated as adoption of Working Capital Notes™ grows across UK and international supply chains.
To explore how WCNs could improve your working capital metrics, start with ETR Digital’s free Cash Conversion Cycle Calculator – see in 60 seconds how much cash is currently trapped, and how easily it can be freed up:
About Investec Capital Solutions
Investec Capital Solutions provides working capital financing to UK businesses, combining specialist expertise with flexible funding structures designed around real commercial needs. By partnering with technology providers such as ETR Digital, Investec Capital Solutions is expanding the ways it can support liquidity across supply chains – for suppliers and buyers alike.
About ETR Digital
ETR Digital is a UK-based fintech specialising in digital working capital finance. Its Working Capital Note™ solution enables companies to enhance liquidity, reduce operating costs, and improve EBITDA by optimising working capital.
About TETA
TETA is a supply chain platform designed to improve visibility, efficiency and compliance across trade flows. Through Signal, businesses can manage trade documentation, shipment visibility and financing workflows, helping suppliers, buyers and financial institutions work together more effectively.
Media contacts:
- ETR Digital – Dominic Broom, Co-Founder & CEO: dominic.broom@etr.digital
- Investec – Tom Grammenos, Tom.Grammenos@investec.com
- TETA –TETA enquiries: info@teta.ltd
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