In our Bulletin on 31st December 2017, we wrote on the impending release of a new product in the Supply Chain Finance space. This product has now been released to the market through a limited number of intermediaries.
Are you a supplier who struggles to keep a positive cash flow because you’re waiting for clients to pay? Or maybe you’re a client who struggles to pay your supplier within payment terms because you’re unable to maintain a working capital?
If your answer is yes to either of the two questions, Supply Chain Finance (SCF) may be the facility for you.
SCF is a new technology driven finance solution built for SMEs and corporate businesses who are looking at more innovative ways to work with their suppliers.
Its purpose is to help the client and the supplier manage their supply chain accounts; providing the capability to receive early payment, whilst also trading on the terms they want.
SCF is powered by a secure online system which allows clients to approve supplier invoices for payment using an off-balance sheet facility limit, whilst at the same time as being able to extend their own terms.
What’s in it for the client?
Increase revenue via profit-sharing arrangement
Extended credit terms
Improve financial health of supply chain
No borrowing and no security required
What’s in it for the supplier?
Improve cash flow
Access early payment on demand
Eliminates paperwork and contracts
Non-recourse, non-debt cash payments
At Ledge, we are able to source the most suitable and effective product for our clients’ individual needs which is why we are extremely excited about this new finance facility. It will be interesting to see what the working capital space will look like with SCF helping both the supplier and their client to release working capital tied up.
If you have any questions or would like to set up a day/time where we can come out to you and provide more information contact your Ledge Finance Executive directly or simply call 6318 2777
When it comes to Equipment Finance, Ledge are Western Australia’s leaders. Our extensive Equipment Finance product offering includes Hire Purchase, Chattel Mortgage and extends to everything from vehicles and machinery to emerging renewable energy equipment.
Ledge offers a complete suite of business and corporate finance products. Whether it’s Insurance Premium Funding, Cash Flow Finance, Surety Bonds, Acquisition Funding or any of one of our other business finance products, Ledge has the expertise and knowledge to assist.
To learn more about our complete range of business and corporate finance products contact us.
Ledge Health is a specialised division of Ledge Finance that focuses exclusively on the provision of finance for medical professionals.Headed by General Manager Noel Wright, Ledge Health takes advantage of Ledge Finance’s existing relationships with financiers, getting great outcomes for Medical Professionals.
Whether it is equipment finance, practice funding, cash flow funding for their business, or personal finance, Ledge Health can assist medical professionals to identify the most suitable financial instruments to secure the best outcomes for clients.
Our substantial health and medical sector experience, combined with Ledge’s vast financial packaging capability, enables the quick identification of the most suitable financial instruments to deliver what medical professionals require and help them to secure their future.
Contact Ledge Health General Manager Noel Wright today for more information on how Ledge Health can assist.