For the next Alternative Funding Network seminar, on Thursday March 16th, we're bringing together a group of companies that are working to change the way corporate supply chains are funded, using different takes on Supply Chain Finance.

 

SCF typically uses technology to link together larger customers with their smaller suppliers through electronic invoicing systems. Once the customer approves an electronic invoice for payment, funders can advance money to the supplier immediately, using the approved invoice – backed by the creditworthiness of the customer – as security. This enables the larger customer to extend its supplier payment terms often to 90 days or more, enhancing its own cash position without starving its suppliers of cash flow thanks to the availability of immediate funding provided either by a bank or from an alternative source.

 

The really neat twist at the centre of this arrangement is that the smaller supplier is able to obtain finance against its approved invoices based on the credit rating of its larger customer, rather than its own – which should result in cheaper funding. In effect, the larger company loans its credit rating to its smaller suppliers in exchange for longer payment terms.

 

SCF is a relatively complex product and is one of the lesser-known areas of business finance. But it has attracted growing attention in the past few years – so we'll be asking panellists from three tech-based players , and  to explain how it works and delve in to the ways that technology is changing the relationship between buyers and sellers in the corporate world.

 

 

Chair:  

 

 

Andy Davis is the Programme Director for the AFN. He has a longstanding interest in business finance, previously as Editor of FT Weekend and more recently as a researcher, commentator and advisor on the game-changing developments unfolding in the SME funding market.

 

Panel:

 

 

Jonathan is a partner in the firm’s Corporate and Technology teams who specialises in FinTech and Alternative Finance, dedicating 100% of his time to helping clients in 's burgeoning FinTech and Alternative Finance scene.

 

Jonathan advises clients across the FinTech spectrum, from start-ups disrupting existing markets with innovative technology to financial institutions looking to invest in new technology. He has particular expertise in peer-to-peer and crowdfunding platforms, drawing on his extensive experience in the banking and finance sector gained both in-house at major financial institutions and in private practice.

 

 Supply Chain Funding

 

Ian previously founded Euro Sales Finance plc (ESF), a European invoice finance business that managed €5billion of volume in the UK, France, Germany and The Netherlands. ESF was the first company to raise money on AIM and was sold to a global banking group.

 

 

Former Tech, Trade & Treasury Banker with Silicon Valley Bank & JP Morgan. Fintech, Innovation & Social Enterprise advocate.

 

 

Colin serves as SVP EMEA for C2FO and is a member of the C2FO executive committee. He is responsible for the continued expansion and growth of the company in the region, focused on the success of C2FO’s customers. Colin has a strong track record with more than twenty years’ experience in the enterprise software industry and leadership positions in some of the world’s most respected organizations. Prior to C2FO, Colin spent six years at SAP in EMEA sales leadership roles, responsible for some of SAP’s high-growth solutions. He also served as a member of the SAP UKI Executive Board.

 

Who can attend these seminars?

 

Paid Alternative Funding Network Members   

 

Annual Corporate or Individual Members may attend these seminars free of charge.

 

For more information on our Annual Corporate or Annual Individual Membership please contact [email protected] for more information.   

 

Non-AFN Member: Single Seminar Ticket - £20 (+VAT) 

 

 

 

In Partnership with Fox Williams LLP.  are experts at advising entrepreneurs and FinTech businesses in particular in the P2P and crowdfunding sector.