6 Ways Automotive Companies are Using Supply Chain Finance to Fund the Future
By 3 minute read
• Published November 16, 2022 •As transformation and persistent disruption reshape the Automotive industry, its business leaders face a critical obstacle – liquidity. The scale and pace of change is forcing manufacturers and suppliers to make massive and costly changes to their businesses. “How will we fund X strategic business initiative in today’s global economic climate?” is a question that weighs heavily on even the largest, most profitable Automotive companies and especially on suppliers that lack access to investment-grade funding.
For many businesses, the answer is supply chain finance (SCF). In this eBook, we explore:
- How Automotive companies are leveraging SCF to fund innovation, expansion and M&A activity
- The advantages of SCF over traditional debt-based forms of liquidity like commercial lending
- Real-world examples of how buyers and suppliers in the Automotive supply chain benefit from SCF
6 Ways Automotive Companies are Using Supply Chain Finance to Fund the Future