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Paula
SUPPLIER FINANCING - HOW DOES IT WORK?
Are you buying goods or services and want to pay later?
Are you selling goods or services and want to receive your money right away?
The supplier sold the goods and issued an invoice with a 60-day payment period.
Thanks to Supplier Financing, he received the funds from the invoice right after it was issued.
Additionally, the Bank extended the payment term to the buyer - it can pay the invoice 30 days later.
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