Battery recycler Ecobat has tapped LSQ for supply chain finance solutions to bolster supplier health and working capital.
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As many companies, especially smaller ones, face liquidity challenges during their Covid-19 recovery journey, buying organizations are looking for ways to offer their suppliers early-pay finance schemes to alleviate cash flow difficulties. Supporting the supply base to sustain a continuous and seamless trading cycle has become essential for growth, business continuity and innovation, for both parties.
However, for many organizations, finding the right approach poses some difficult questions, and it’s often hard to know where to start.
Fortunately, the market for early-pay finance solutions has matured, and there are a number of different solutions for corporations to consider to support their suppliers with invoice payment