Title | Supply Chain Finance - Meaning, Process, Example, Benefits |
URL | https://myndfin.com/supply-chain-finance/ |
Category | Business --> Financial Services |
Meta Keywords | Supply Chain Finance |
Meta Description | Supply chain financing is a sort of cash advance based on the credit ratings of enterprises in the supply chain, similar to invoice finance.
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Owner | MYND FINTECH |
Description |
Supply Chain Finance involves optimizing cash flow within a supply chain. It streamlines payments between suppliers and buyers, often using third-party financial services to extend payment terms. This benefits suppliers with improved liquidity and buyers with better working capital management. Example: A retailer pays suppliers through a bank’s financing program, enhancing efficiency and relationships across the supply chain.
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