Vendor Finance

Vendors are a vital link in any supply chain, supplying raw materials and services that ultimately shape the end customer's experience. Yet smaller vendors serving larger organizations are often strained for working capital due to standardized payment cycles — left waiting for an invoice's due date rather than being paid promptly for early delivery. Vendor finance resolves this by giving vendors early payment through an alternative financing program, freeing them to expand operations and service multiple orders at once. This is a revolving finance facility, available again after each repayment, secured against the invoices for goods or services sold. Vendors gain the working capital to run critical operations, their commercial partners benefit from a more agile supply chain, and CLC earns interest on the facility.