March 2015

Banks look set to meet growing demand for even earlier access to supply chain finance by adopting new tools and solutions that leverage on the latest technologies. Liz Salecka reports.

As suppliers’ demand for both pre-shipment and post-shipment finance grows, both global banks and large corporate buyers are exploring new ways of securing its provision and speeding up its release. Many of them are considering new solutions such as the bank payment obligation (BPO) to provide suppliers with new opportunities to access finance at earlier stages in their supply chain cycles, such as the pre-shipment phase.
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