SOLUTION
Secure Your Supply Chain
Secure your supply chain from disruption with Finverity by paying suppliers early with without putting a strain on your own working capital!
Seeking ways to ensure supply chain resilience?
We are living at a time of unprecedented uncertainty where unexpected shocks are the new norm. With supply chains becoming increasingly “just in time”, global and interconnected, the effects of a supply shock can be devastating.
The main reason suppliers fail to deliver is the inability to quickly access sustainable working capital when they need it the most. Fortunately, that’s not an issue anymore!
By implementing a Supply Chain Finance facility with Finverity, your suppliers, anywhere in the world, can get paid as soon as the goods/ services have been received and accepted by yourself. On top of a secure supply chain, you gain a competitive advantage over peers through superior payment terms and some great talking points for that CSR story!
Benefits
Supply Chain Security
Some suppliers are critical to your operation and disruption in their ability to deliver or desire to work with you can be disastrous. With Finverity, you can make sure they are always paid early if they require the cash and you never lose a shipment or a contract due to a missed payment.
Flexible Solution
A Fintech is not a bank, which means we actually care about our customers. The Finverity platform offers your business a variety of free tools allowing you to optimise internal processes on top of the financing for suppliers. We grow our facilities to support you as your needs increase, so we are in for the long run!
Supplier participation
The key success factor of a Supply Chain Finance program is supplier participation. The Finverity platform offers an award-winning interface along with additional features that suppliers will appreciate. Moreover, our team will facilitate the onboarding and provide a range of helpdesk resources.
Resources
Unlocking SME Trade Finance in Africa through ESG, technology and collaboration
Finverity and Investec launch collaboration to channel onward lending to African SMEs
National Bank of Fujairah (NBF) partners with Finverity to grow supply chain and receivables finance book in MENA
National Bank of Fujairah (NBF), one of the leading banks in the UAE trade finance landscape, today announced the launch of a partnership to grow supply chain finance (SCF) and account receivables (AR) finance volumes in the MENA region.
The importance of real-time data monitoring to effectively manage SCF and receivables finance risk
From a credit risk perspective, the lifecycle of a Supply Chain Finance (“SCF”) or Accounts Receivables (“AR”) deal can be broken down into a number of specific steps, namely deal review and approval, client onboarding, deal execution, ongoing credit monitoring, and closure.