Supply Chain Finance
Pay your suppliers upfront, receive early payment discounts and improve your working capital position.
Rated 4.9 out of 5
Serving Clients
Australia Wide
What is Supply Chain Finance (SCF)
TIM offers Supply Chain Finance to Australian businesses with proven track records. With our strong financial position and expertise in trade transactions, it allow us to quickly structure the best funding solution for your business. Simple and straightforward!
The key concept behind supply chain finance is to pay your suppliers as quickly as possible in order to take advantage of early settlement discounts. In simple terms, it allows the buyer (you or your business) to pay later and the supplier to secure payments earlier, allowing both parties to improve their working capital position.
How it works?
- You receive invoices from your suppliers for goods received.
- You send us the invoices confirming its good to pay.
- Early payment is offered to your suppliers for a small discount.
- The supplier elects to be paid early.
- TIM pays the supplier immediately.
- You pay TIM the invoice (less the discount received from your supplier) 30-90 days later.
- All we charge you is a small fee which is completely offset against the early payment discount that you receive from your suppliers resulting in “zero” cost of funding and pure profit for your business.
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Benefits of Supply Chain Finance
Buy now, pay over time, mitigate risks and most importantly, free up working capital.
How TIM supply chain finance helps buyers:
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Secure early settlement discounts from suppliers whilst still paying TIM 30-90 days later.
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Easy credit approval and set-up process.
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Immediate increase in your gross profit margins and working capital position.
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Improved supplier relations and financial strength of your supply chain.
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Greater Purchasing Power – the extended trading terms enable you to increase your purchase orders in line with market opportunities.
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Unsecured, off-balance sheet facility.
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No Property Security required.
How TIM supply chain finance helps suppliers:
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Suppliers get access to cash immediately – no longer need to wait 30 to 60+ days to receive your payment.
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Reduction of trade receivables and an immediate increase in their cash position.
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Generally cheaper than invoice finance or invoice discounting.
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Strong co-operation between your company and the supplier creates a competitive advantage.
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Only elect to take the early payment, when needed.
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Higher likelihood of suppliers getting more business as suppliers have upfront cash flow to fund their purchases.
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Eliminates any potential payment disputes 30-60+ days later from the buyer.
Are you facing working capital issues?
Fill out our quick application form to get in touch with one of our friendly advisers and find out how trade finance can help your business.
Click on the button below to get started. It will only take two minutes and won’t affect your credit rating.
Why Choose TIM Finance
We are a nimble finance company which has been around for over 5 years servicing growing small to medium size businesses. This allows us to create flexible and innovative funding solutions customized to your specific business needs.
We have funded over three quarters of a billion dollars to over 350 Australian businesses. We’ve provided the funding solutions to scale our client’s businesses, across the globe.
Please note our Supply Chain Finance product is available only for businesses looking to fund domestic trade transactions within Australia.
If you are looking to fund international trade transactions including import and export finance, please refer to our Trade Finance product.
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Other Options That Might Interest You
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Invoice Finance
Don’t wait for 30, 45 or even 90+ days. Turn your outstanding invoices into cash within 24 hours with Invoice Finance.
Export Finance
A specialist solution which provides your business with the upfront cash flow it needs to fund the export of products.
Import Finance
TIM provides growing companies with a specialist import finance solution when sourcing goods from global markets.
Make cash flow management easy by aligning your
accounting software to TIM.ex.
TIM’s accounting interface is quick to activate and helps to manage
money and pay suppliers.
Get Tomorrow’s Cash flow Today
Helping you find smarter ways to use your own cash and avoid the pitfalls of borrowing funds. TIM Finance is always ready to help in a fairer, more flexible and far more affordable manner than a traditional business loan. Contact a TIM expert today.
TIM Finance offers several different funding solutions (Services), one or more of which has a no-fee, no interest and no long lock in contract period, called the Fully Flexible funding option. Conditions, fees and charges apply to some of the Services provided, which may change or we may introduce new ones in the future. Full details for all funding options (Services) including any fees and charges which may apply, is available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider it’s appropriateness to these factors before acting on it. Read the funding agreements provided, for your selected product/service, including all the Terms and Conditions contained in agreements provided, before proceeding. *T&Cs: Minimum 12 month invoice funding contract with TIM Finance. Direct clients only, offer doesn’t apply to broker introduced clients. All standard credit terms and conditions apply including credit assessment. Not applicable to existing clients.