Supply Chain Risk: Supplier finance demand rockets
THE demand for supplier finance has rocketed, as Yorkshire firms see the first signs of an upturn in business.
The facility is arranged through the bank for the buyer to offer to its suppliers. For a buyer, this finance can help ensure security of supply by supporting the cash flow of its suppliers and helping that supplier grow with its buyer.
According to Lloyds, as the economy picks up and trade volumes grow for large manufacturers, companies further down the supply chain can find thems... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
