Supply Chain Finance – At the Forefront of Global Trade
Supply Chain Finance (also known as SCF or supplier finance), is a cash flow solution which helps businesses free up working capital trapped in global supply chains. It is a solution designed to benefit both suppliers and buyers; suppliers get paid early and buyers can extend their payment terms. This solution allows businesses which import goods to unlock working capital as well as reduce the risk associated with buying goods in bulk and/or transporting them globally. SCF is generally defined as ‘an arrangement whereby a buyer agrees to approve his suppliers’ invoices for financing by a bank or other financier.’
How can we help you with supply chain finance?
It’s our job to find you a funder who will assist in managing your global supply chain through structured trade finance, stock or invoice finance, from over 250 lenders; bank and alternative funders who specialise in different products or geographies.
We can help you assist your suppliers, end customers and buyers, by looking at a range of funding options from receivables factoring to trade facilities.
We work 24/7 to ensure that when the time comes, we’ll have a finance solution ready for you, whilst you can focus on growing your business.
At Trade Finance Global we can quickly get to the key decision makers of financiers, to make sure your application gets through to the right person.
We’re 100% independent: working only for our businesses
Trade Finance Global are not tied to any lenders, we arrange a wealth of funding options for you so that you can choose the most appropriate solution.
The term Supply Chain Finance (SCF) is often also referred to as
Given that there are no ICC rules for SCF (like there are for Letter of Credit or Incoterms), it’s often up to each provider to decide what they call it.
Despite the publishing of the ‘Standard Definitions for Techniques of Supply Chain Finance‘ by the International Chamber of Commerce in 2016, the definition is not yet widely adopted and providers of SCF often use various terms to describe their product offerings.
Receivables finance on the other hand, is well defined as ‘the purchasing of receivables or invoices from a seller, with or without recourse’.