Everyone knows: the less you need financing, the easier it is to get. Fortune 500 companies have virtually unlimited access to working capital solutions. But their suppliers, especially those in the long tail, often struggle. At best, securing working capital is cumbersome and expensive. At worst, it’s not available at all.
Global volume of Supply Chain Finance reached $1.8 trillion in 2021, up 40% from 2020, according to BCR Publishing’s World Supply Chain Finance Report 2022. In this report, we’ll examine the outlook for Supply Chain Finance, the factors that are driving its growth, and innovations that will carry it forward.