What is Supply Chain Finance?
Supply chain finance is a key financial tool for medium to large businesses, typically with a turnover of over £30M. If you are looking to improve your working capital by both extending and unifying the credit terms you get from your suppliers, whilst retaining their trust and support, then supply chain finance is the answer.
Whilst you, the buyer, benefit from the extended credit terms, your supplier benefits from an early payment option. No longer is the buyer and seller in competition but rather a collaboration that benefits both parties.