Express SCF Is The Democratic Future of Supply Chain Finance
Express SCF levels the playing field, enabling buyers to offer supply chain finance to all suppliers, says Orbian Chairman Thomas Dunn.
Supply chain finance is an indispensable link in the global supply chain that has evolved into an over $100 billion market in 2019. A collaborative process to improve working capital for both buyers and suppliers, SCF streamlines financial transactions within the supply chain, enabling buyers and suppliers to focus on their mutually beneficial business relationship, rather than focusing on payments.
However, one challenge for traditional SCF is that it requires a minimum scale to a buyer-supplier relationship before SCF is viable. Too often, an overly complex registration process has effectively excluded small suppliers from SCF.