On the eighth day of Christmas my Supply Chain guru gave me tips on how to:

Improve financing support for all types of suppliers in your supply chain by:

• Catering for the small suppliers in my supply chain – by using Previse’s Trade Finance 2.0 model, see: https://ctmfile.com/story/myth-or-reality-how-to-pay-suppliers-instantly
• Maximise your working capital % rate returns by using SCF when appropriate and effective, see: https://ctmfile.com/story/how-to-maximise-your-working-capital-rate-returns
• Using supply chain TRADE finance to combine all the reach of traditional banking trade finance products with supply chain finance, see: https://ctmfile.com/story/supply-chain-trade-finance-the-next-big-thing
• Accepting that the role of the Letter of Credit is ending, and take advantage of the new platforms, see: https://ctmfile.com/story/will-a-new-breed-of-fintech-trade-finance-products-take-over-from-the-tried-and-tested-lc

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This item appears in the following sections:

Financial Supply Chain Platforms

Trade Finance

Trade Transaction & Payment Services

Tips

Treasury insights