
Supply Chain Finance: Brief Introduction of In-kind Finance and Factoring
- 1 University of Illinois at Urbana Champaign
* Author to whom correspondence should be addressed.
Abstract
Small and medium-size enterprises (SME) can sometimes find it difficult to acquire necessary cash flow from banks. It comes with a high cost to obtain necessary information for SMEs and assessing true financial situation for each individual suppliers can be both costly and time consuming. and other methods are needed to finance SMEs. The paper will talk about some of the most used supply chain financing options include in-kind finance, factoring and reverse factoring, and inventory-based financing. Based on findings, I concluded the benefit and risk of each method, and parties involved in these financing options.
Keywords
supply chain finance, in-kind finance, inventory-based financing, factoring, reverse factoring
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Cite this article
Lin,W. (2023). Supply Chain Finance: Brief Introduction of In-kind Finance and Factoring. Advances in Economics, Management and Political Sciences,18,306-313.
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Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development
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