Global Apparel Brand’s Pivot to a Flexible Supply Chain Finance Program with PrimeRevenue
By 6 minute read
• Published May 9, 2025 •
By 6 minute read
• Published May 9, 2025 •Challenge
One minute, a global apparel brand’s supply chain was in great shape, with suppliers enjoying steady access to funding through a robust SCF program. The next, through no fault of their own, the supply chain was on shaky ground—all because the single bank funding their SCF program pulled out.
When the pandemic struck, the company found itself in a challenging position due to its reliance on a single bank for supply chain finance (SCF). This bank, which syndicated with four to five others to buy receivables for suppliers, faced significant risk management challenges during the crisis and abruptly halted its support. The company requested 90 days to transition to another solution, but the bank was unwilling to accommodate the timeline.
This sudden withdrawal left the company’s suppliers without crucial liquidity, highlighting a critical flaw in the company’s singular-dependent SCF structure.
Solution
The company sought a more resilient and flexible SCF solution to overcome this challenge and turned to PrimeRevenue to implement a platform that eliminated dependency on any one financial institution.
Through PrimeRevenue’s platform, the company was able to transition from a bank-restricted SCF model to a plug-and-play approach. Purchasers could upload invoices from their suppliers to the platform, and multiple funders could compete to purchase those receivables. If one bank could not provide financing, other funders could step in seamlessly, ensuring consistent supplier liquidity.
This shift empowered the company to safeguard its suppliers’ financial health, maintaining strong relationships across the supply chain despite ongoing economic uncertainties.
Results
By partnering with PrimeRevenue, the company transformed its SCF program into a more adaptable, future-proof model. The results were clear:
The company turned a supply chain crisis into an opportunity to strengthen supplier partnerships and build a more resilient SCF program. The new model protected suppliers during the pandemic and laid the foundation for greater flexibility and growth in the future.
The company’s pivot to PrimeRevenue’s technology-driven SCF platform underscores the importance of flexibility in today’s unpredictable global market. By adopting a bank-agnostic, multi-funder approach, the company safeguarded its supply chain and positioned itself for continued success in any economic climate. PrimeRevenue’s platform provided the tools the company needed to ensure consistent, reliable access to supplier financing, no matter the challenges ahead.