Buyers can strengthen their supply chain network by offering their suppliers access to funds in advance of their normal payment terms. Quetica’s Advance Funding solution allows buyers to use their own funds or access funding through third party. With this solution, suppliers are able to leverage a buyer’s credit to access lower cost funding than they could secure independently. For buyer’s, it provides with a good return on their use of cash, strengthens relationships with cash poor suppliers and/or extends days payable outstanding without negatively impacting suppliers.
Quetica’s advance funding solution integrates seamlessly with existing business process outsourcing and transaction processing platforms, providing working capital solutions across a variety of industries.
