In September 2022, FASB issued ASU-2022-04, with new disclosure rules for Buyers who offer Supply Chain Finance programs to their Suppliers. In this report, we’ll examine the new rules, explain when disclosure is required, and discuss their potential impact on Supply Chain Finance.
The Interface Financial Group stands with the people of Ukraine.
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.
It is with heavy hearts that we announce the passing of our founder, Theodore (John) Sheehy. Born in Michigan in 1931, he passed away on Monday, December 6th in Toronto, Ontario…Where he had made his home for over 50 years. He is survived by his beloved wife, Sheila as well as his children and grandchildren.
Throughout this decade with the growth of buyer-led supply chain finance programs or buyer-sponsored early payment services, teamed with the increase in attention to SCF services in general, we have witnessed significant technological transformations within the industry.
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
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