Plume launches FACTOR vault offering direct exposure to invoice factoring and working capital facilities with weekly liquidity and 14%+ target APY.
DeFi & Yields ·
Plume has launched FACTOR, a vault with limited capacity designed alongside Tradeable and Deep Ocean Partners. The product provides direct exposure to a managed portfolio of invoice factoring and working capital facilities, structured so that underwriting occurs in partnership with the lender of record rather than through an intermediary issuer.
The vault emphasizes accessibility through weekly redemptions and targets a net APY of 14% or higher. By eliminating intermediary layers in the deal structure, the offering aims to provide investors with clearer exposure to the underlying credit facilities.
Key details about investor eligibility, minimum commitments, and the mechanism for portfolio selection remain unspecified. The extent to which the 14%+ target reflects historical performance, forward-looking projections, or stress-tested scenarios is also unclear.