How does it work?
A payables finance structure establishes a tripartite arrangement between a corporate, supplier and funder. The funder will typically contract to purchase receivables generated by the supplier upon confirmation of the sale to the buyer. By keeping the relationship between supplier and funder independent and managed through the platform, any payable may be classified for accounting purposes as trade debt as opposed to an on-balance sheet finance obligation.
Improve payment terms and increase DPO
Increase cash flow
Accelerate collection of receivables
Access to alternative competitive funding
Generate fees based on the discount
Finance irrevocable payment undertaking