Eurivex Trade Finance Limited a 100% subsidiary of Eurivex Ltd has commenced operations with the provision of its first trade financing contract to a local Cypriot company. Eurivex Trade Finance Limited (“ETFL”) is an alternative funding solutions provider, offering trade finance through invoice discounting and factoring to companies involved in both international and domestic trade. ETFL offers working capital funding for Cyprus and overseas companies, with the discounted invoices the only collateral pledged.