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Supply Chain Finance for Business Operations & Growth with Fifo Capital | Supply Chain Partners
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In this episode at Supply Chain Partners Podcast, we are joined by Trevor Wollard, the Director of Fifo Capital Australia. Dr Sharyn Grant, Founder of Supply Chain Partners, and Trevor discuss Supply Chain Finance for Business Operations & Growth.
Fifo Capital is a valued member of Supply Chain Partners https://www.supplychainpartners.co/victoria/melbourne/members/fifo-capital-australia
ABOUT FIFO CAPITAL:
Since 2007, Fifo Capital has helped over 3000 Australian businesses to access finance including invoice finance, supply chain finance, trade finance and business loans. Fifo Capital is a leader in the commercial fintech space for innovative cash flow and working finance facilities and in 2020 was the winner of the Best Working Capital Solution Provider – Australia by the APAC Business Awards.
Fifo Capital’s Supply Chain Finance facility has enabled Australian businesses to save thousands of dollars off their accounts payable year in, year out, and without requiring real estate security.
As businesses grow and deal with new suppliers and supply changes, their need for extra cash resources grow. For a lot of businesses there is a large disconnect from when they procure the items in the supply chain to when they receive income from their clients. Fifo Capital aim to fill this gap through their innovative Supply Chain Finance facility.
IN THIS EPISODE:
We discuss how the Covid pandemic has impacted the financial situation at Australian businesses and how Fifo Capital has helped businesses through cash flow and working capital challenges.
Trevor also shares a real-life example regarding their client who is a supplier of industrial lifts to the construction industry. When needing to pay large sums to overseas suppliers upfront, long before receiving a return on investment, this tied up working capital can prevent a business from operating and taking on more customers. Fifo Capital helped their client to quickly setup a Supply Chain Finance facility which not only addressed their immediate financial issues but it also placed them in a better bargaining position with their suppliers.
Listen to the podcast now for the full story and find out how Fifo Capital can help your business to prevent disruptions to your supply chains, business operations and growth.
For more information or to apply for supply chain finance, contact Fifo Capital:
WEBSITE: https://fifocapital.com.au/supply-chain-finance/
APPLY: https://fifocapital.com.au/apply-now/
EMAIL: trevor.wollard@fifocapital.com
CALL: 0419223627 or 1300343628
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