Payables finance: Difference between revisions
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imported>Doug Williamson (Create the page. Source: GSCFF Standard Definitions.) |
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==See also== | ==See also== | ||
*[[Credit]] | |||
*[[Factoring]] | *[[Factoring]] | ||
* [[Finance]] | |||
*[[Forfaiting]] | *[[Forfaiting]] | ||
*[[Invoice discounting]] | *[[Invoice discounting]] | ||
*[[Payables]] | |||
* [[Supply chain finance]] | |||
[[Category:Trade_finance]] |
Latest revision as of 06:39, 11 March 2023
Supply chain finance.
A buyer-led programme in which the suppliers can receive early discounted value for amounts receivable from the buyer.
The buyer would typically be a stronger credit than the supplier, and the financing cost would be aligned with the buyer's lower cost of financing.
The payable continues to be due by the buyer until its due date.
Payables finance is sometimes known as 'reverse factoring'.