Many Fintechs Still Rely on ‘Bring Your Own Bank’ Strategy for Supply Chain Finance

DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group Today, banks are by far the dominant player in providing supply chain finance, and do so in four ways: Direct credit facilities to their customers (corporate buyers) who can then use the facility for early payment to their supplier ecosystem. Provide an uncommitted credit facility to […]

LIBOR Phase Out: Considerations for Supply Chain Finance

DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group September 19, 2019     LIBOR has been the default benchmark interest rate for supply chain finance since this technique was developed approximately 20 years ago. By year-end 2021, LIBOR will be phased out.   So how does this impact supply chain finance? For a market […]

Supply Chain Resilience and Small Suppliers

A Bruising Market Hits the Smallest Hardest Peter Jacobstein, Chief Strategic Partnership Officer, The Interface Financial Group January 12, 2021 |   A recent Harvard Business Review article paints a dire picture for small and mid-sized suppliers (SMEs), and for the larger companies that depend on them.   “A Financial Crisis is Looming for Smaller Suppliers[1]” argues […]

Technology and Funding Inclusivity

Everyone knows: the less you need financing, the easier it is to get. Fortune 500 companies have virtually unlimited access to working capital solutions. But their suppliers, especially those in the long tail, often struggle. At best, securing working capital is cumbersome and expensive. At worst, it’s not available at all.