Sri Lanka-based HNB Finance has launched a new Supply Chain Financing scheme to promptly meet the financial needs of business ventures resulting from the stringent market conditions of a pandemic-stricken economy. This financing scheme is a revolving facility that will optimize and sustain the uninterrupted supply chain process and cash flows from buyers and suppliers. This carefully designed financing facility allows manufacturers to buy from suppliers at a higher discount as payment for material is promptly settled by HNB Finance, which steps in and absorbs the credit period and pays the supplier immediately.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.