Supply chain financing solutions to SME
The current economic climate is forcing many companies to better manage liquidity and strengthen their balance sheet. However it is hard to keep up especially during the period of economic recession. Supply chain finance (often referred to as SCF/Supplier Finance/Reverse factoring) can be an attractive way for companies to improve their working capital position.From the Fin2B platform transactions, SME suppliers can get early payment of their account receivables with lower discount rate, whilst both buyers and investors can have stable investment opportunities with higher return. It can also provide buyers with great tools to effectively manage supply chain.
Chris Chae, Director, Business Development, Fin2B