What is Supply Chain Finance?
Supply Chain Finance is a set of technology-based financing solutions that improves working capital for both businesses and their suppliers by allowing businesses to lengthen their payment terms and providing an option for suppliers to get paid within 24h.
Supply Chain Finance - the process beneficial for all parties along the supply chain.
Under Supply Chain Finance agreements, suppliers sell their receivables invoices approved by the buyer to a financial institution (Capable) at a discount.
In return, supplier get faster access to the money they were owed, while the buyer gets more time to pay the financial institution back.