Trade, procurement and inventory financing
Image credit: Michele Marconi Arguably the hardest time to source working capital is in the first two years of trading. Growing a new business exhausts profits with wages, advertising and fixed costs. Compounding the issue is the need to show profitability if you’re seeking to raise capital from banks to expand. Traditional lenders are more concerned […]
Most innovations and early payment initiatives focus on post-shipment financing, i.e. when the seller has dispatched and billed the buyer. There are so many tools and techniques to finance “approved” invoices today-from auctions and pcards to dynamic discounting and reverse factoring. But when you look at PO financing, you suddenly find only a few really […]
Head down to your local bank manager, get moved to the business banker and then shuffled to the trade team. If you’re lucky, you’ll speak to someone who understands supply chain financing. It shouldn’t be this difficult however, there are a few reasons why. Let’s dig in:
