Dealing with the recent controversies on Payables Finance

Those of you engaged in supply chain finance, especially payables finance (or reverse factoring as it is sometimes known), will be aware that there has been considerable recent press interest in this business, much of it unfairly negative. ITFA is a member of the Global Supply Chain Finance Forum and with its Forum partners, BAFT, EBA, FCI and ICC, has helped produce a paper explaining how the technique works and why, when properly used, should not be controversial.

You can find a copy of the paper here.