Supply chain finance is a convergence of several working capital solutions in the business financing domain. However, it has its focus on invoice finance and trade finance. It enables businesses to pay the suppliers without any delay so that there is no disruption in the production and delivery schedule. It also allows enterprises to benefit from early payment discounts by the suppliers.
Entities involved in supply chain finance offer extra working capital funding to enterprises enabling them to settle the supplier invoices until they receive their due payment from the clients/consumers/customers. The time frame for supply chain finance is up to 180 days.
With Broc Finance by your side, as a trusted finance broker, it will become easy for you to navigate the routes of supply chain finance in Australia. We will make sure to match you with a compatible lender.
Just like any other form of business financing, supply chain finance follows a definite protocol of application, approval, and funds dispersal, mentioned below:
The business organization or enterprise orders goods from supplier
Supplier uploads the invoice after fulfilling the order
Buyer approves the invoice
The lender pays to the supplier at discounted rate
Buyer pays the invoice
Early payment against the goods to the supplier is typically awarded in the form of a special discount.
Broc Finance has a legacy of helping SMEs in Australia with a plethora of business financing solutions to scale growth and mitigate the cash flow deficits. We have a widespread network of creditors across Australia’s capital structure. It enables us to match our clients with the best lenders compatible with their business financing needs.
Broc finance ensures:
Every business has its specific need for financing. To understand your eligibility for supply chain finance, we will need to go through your recent balance sheet and financial documents against your internal credit rating. Our experts can help you with the process. You only have to fill-up the form mentioned on this page and submit it. We will get back to you ASAP.
No. Supply chain finance works well in improving the working capital for both large corporations and small companies.
The fee depends on multiple factors and varies in each case. Once you reach out to us and we find a lender for you, we will be able to give you an estimate on the fees. Nevertheless, rest assured that it will be reasonable.