MBE Track: Demystifying Supply Chain Financing: Reverse Factoring

Supply chain finance is a process used to promote healthy cash flow for small and minority owned businesses who win contracts with large corporations who generally have payment terms that are not convenient for smaller businesses. By definition, Supply chain finance (SCF) refers to the techniques and practices used by banks and other financial institutions to manage the capital invested into the supply chain and reduce risk for the parties involved.

The intention of this session is to demonstrate how Supply Chain Financing benefits the ordering party (customer), the supplier, and the factor.

We invite all procurement executives, supplier diversity professional, Minority Businesses and Corporations to come hear TradeIX Managing Director & subject matter expert Dan Juliano demystify this banking process.