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.
See also
Other links
The Treasurer magazine, February 2013 - "Masterclass: Supply chain finance"
