BARCELONA, SPAIN and STAMFORD, CT--(Marketwired - May 9, 2016) - Finacity Corporation ("Finacity") announced today that it has successfully launched a trade receivables securitization for Ercros S.A. ("Ercros") [ECR.MC], a Spain-based producer of chemicals. The USD 12 million facility, funded by Finacity Capital Management ("FCM"), serves as a funding source for Ercros' USD-denominated export receivables, thus complementing an existing EUR-denominated factoring program. Finacity served as the sole structurer and investor in the transaction and is responsible for ongoing program administration and reporting.