Securing supplier payments: Payment guarantee or performance guarantee?

Negotiating supplier payments can become your biggest hurdle when sourcing goods from foreign suppliers. Suppliers need the confidence that you’ll make payment or have the financial backing to complete. You want guarantees to ensure that your supplier performs before releasing funds. Dealing with new suppliers can become your largest risk impacting your operation right when […]

Why are Invoice Financing Volumes So High in Australia?

This past year, global invoice financing volumes reached USD$3.1 trillion, a staggering 20% change according to Factors Chain international. Receivables finance growth was particularly drastic in Australia (Sitting at AUD $73.7 billion), driven primarily by banks and second-tier providers in the sector. Asia Pacific growth was also up 18%, with a particular increase in China. […]