Supply chain finance
From ACT Wiki
Supply chain finance (SCF) is an arrangement whereby a supplier of goods or services is able to obtain finance based on the existance of a receivable due from the purchaser of those goods of services. If the arrangement is non-recourse to the supplier then the funding will be based on the credit standing of the purchaser. It is a form of invoice discounting, but is usually distinguished by the fact that there is a well structured scheme or arrangement to facilitate that invoice discounting, very often involving electronic invoicing, record keeping or communication.
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