Supply chain financing is one of the most beneficial types of financing in manufacturing and distribution businesses. Let’s take a quick look at its dynamics and benefits for businesses.
Supply chain financing, sometimes referred to as supplier financing or reverse factoring, is a type of financial arrangement that enhances a supply chain’s cash flow by paying suppliers ahead of schedule. The buyer, who is frequently a larger firm or corporation, the supplier, who is a smaller company that offers the buyer goods or services, and a financial institution or lender work together in this collaborative strategy.
InvoiceMate is the world’s first blockchain-powered invoice financing enabler. InvoiceMate works as a stand-alone invoice management and financing system as well as a 3rd party embedded solution into existing financing systems.
InvoiceMate offers a comprehensive and workable solution for supply-chain financing.
To learn more about how InvoiceMate can help your supply chain business, please feel free to write us at: