Supply Chain Finance: What's It All About?

Supply Chain Finance: What's It All About? Picture this. You run a business. It’s successful. You’re a supplier (subcontractor, etc.) to a large company (major retailer, major contractor, think big and corporate). You get an invitation to join their supply chain finance program. But what does that...

Introducing your new Supply Chain Finance Manager

Introducing Icon's new early payments program manager Having managed both our direct investor base and the Timelio Capital Fund for almost two years, it’s safe to say Adam Pinkus is invested in Timelio’s business.

Is Australia’s Construction sector ready for Supply Chain Finance?

Fun fact of the day! How many gallons of fresh water does a good-sized iceberg (3,000 x 1,500 x 600 feet) comprise? Approximately 20 billion gallons. If 1 million people each used 10 gallons of water daily, then 20 billion gallons would meet the needs of 1 million people for more than five years....

Mars halves their supplier’s cost of finance: the truth about Mars’ terms extension

Mars have recently extended payment terms from 90 - 120 days and in doing so have done their suppliers a big favour. Why? SCF is why! While undertaking their terms extension project, Mars have wisely implemented a supply chain finance (SCF) program which they are offering to suppliers to sweeten...

Putting the Big Squeeze on Australian Payment Practices

Brace yourself for impending change through a dire need for innovation in supply chain finance. The key issue facing squeezed suppliers is certainly not a new one. Neither is the growing appetite for large businesses looking for more efficient working capital through longer payment terms.

How to Pull the Trigger Without Getting Shot

Recent press reports disclosed that Woolworths sought to extend payment terms for their food and grocery suppliers. As in many cases, the effort to extend payment terms was met with a lot of supplier resistance and less than glowing press.

Don’t Be Overstretched!

Recent reports told us that Woolworths sought to extend payment terms for their food and grocery suppliers. As in many cases, the effort to extend payment terms was met with a lot of supplier resistance and less than glowing press.

Invoice Finance - Strengthening the Corporate Supply Chain

  With the increase in alternative finance options available to businesses across Australia, invoice finance could easily be misconstrued as only benefiting small to medium sized businesses. Big business can benefit too. Invoice finance that is made available to a large corporate’s supply chain is...