New Financing Possibilities for Mid-Size Diamond Dealers Based In Antwerp

Antwerp welcomes a new player in the diamond district: Clarity Capital Finance. The company is an Antwerp-based Multi Seller Trade Receivables Finance Platform, a bespoke SPE set up for the purpose of providing trade receivable finance initially to mid-size diamond dealers based in Antwerp.
Clarity is still in the process of obtaining commitment for a substantial amount of long-term financing from a prime US investor and its founders target an 18-month window to ramp-up operations and deploy the proceeds to a selection of 10 to 15 mid-sized traders. The business model focuses on individual, one-on-one relationships with and financing solutions for each selected company. It will be discussing this new initiative with prospective clients in the coming months.

Following the ramp-up Clarity will consist of a core team of four Antwerp-based professionals. Gert Ovart, Founder and CEO is an Antwerp industry veteran with 20+ years’ experience in financing the diamond trade. He is joined by Serge De Bruyn, co-founder, who in turn has 30+ years’ experience in the London Capital markets. Alongside Ovart and De Bruyn, two highly regarded and experienced industry veterans have agreed to join Clarity’s advisory board. Additionally, Clarity will engage a Head of Operations and a team of analysts who will focus on credit, compliance, operational and administrative diligence.
Clarity is set to be an important addition to the Antwerp diamond industry ecosystem and is supported by ,  the Antwerp World Diamond Centre (AWDC), the umbrella body of the Antwerp diamond industry, as well as other stakeholders typically expected In structured receivables finance, to provide adequate, tailor-made financing available to the industry and reinforce Antwerp’s continuing role as the world’s leading diamond hub. 

For further questions you can get in touch with Clarity via Gert.Ovart@claritycapitalfinance.com and Serge.Debruyn@claritycapitalfinance.com