Battery Supply Chain Financing

Driven by Partnership. Engineered for Success.

Targray Battery financing solutions optimize cash flow by allowing businesses to lengthen their payment terms to their suppliers, while providing the option for large suppliers to get paid early. Our unique financing platform offers battery manufacturers and pack assemblers the flexibility required to lower costs, unlock value and accelerate growth. Conversely, it enables material suppliers to generate additional operating cash flow, minimizing risk across the supply chain and creating a win-win situation for all participants.

By leveraging Targray’s robust financing facility and our decades-long partnerships with leading material manufacturers, we’re able to create valuable supply chain financing solutions backed by flexible terms not offered by suppliers or banks.

Financing Platform Benefits

Working Capital

Using our flexible battery financing vehicle frees up cash to enable your business to make other strategic investments while avoiding costly project delays.

Material Sourcing

Our ability to pay material suppliers up front allows our customers to negotiate the lowest possible prices on battery materials and equipment.

Purchasing Power

Having more financing sources available enhances your purchasing power and your ability to take on a greater number of battery / energy storage projects.

Flexible Financing

Our flexible approach to credit enables us to create tailored financing solutions to meet the unique capital requirements of each customer.

How Our Battery Financing Works

1. We evaluate your financing request, establish credit limit and propose terms

2. We purchase the materials from the supplier and provide payment

3. You receive your materials in a timely manner

4. You pay according to the agreed terms; flexible open terms or long-term LC

About our Battery Business

Working closely with our supply partners and organizations including the Electrochemical Society and NAATBatt International, we help lithium-ion battery manufacturers and researchers worldwide commercialize ambitious new technologies for the lithium-ion battery and energy storage markets.