By Andrew Tananbaum
Recently, I guest blogged for the Commercial Finance Association Blog regarding the trend of large investment grade companies utilizing supply chain financing.
Here is an excerpt from the post:
It has been widely reported that P&G has extended payment terms with its suppliers. Extending payment terms will free up a material amount of the company’s cash. P&G is not the only investment grade consumer products company that is utilizing this type of financing. Several other large companies such as DuPont Co., and P&G rivals Kimberly-Clark Corp., Church & Dwight Co., Energizer Holdings Inc., and Newell Rubbermaid have recently implemented similar deals, working with banks to extend payment terms in order to accelerate the manufacturers’ cash flow, a practice that is referred to as ‘supply chain finance.’
Click here to read the full blog post