Supply Chain Financing - M1xchange

Treds Guide05 Jan, 2023Finance

Supply chain financing is a way for small businesses to access funds based on the value of their inventory or raw materials. This type of financing is often used by businesses that manufacture products or provide services that require a lot of upfront costs, such as purchasing raw materials or hiring workers. With supply chain financing, you can sell your inventory or raw materials to a lender in exchange for a cash advance. The lender will then hold onto the inventory or materials until you are ready to use them in your business. This can help you access the funds you need to keep your business running smoothly while you wait for customers to pay their invoices or for your products to be sold.