GT Nexus Insights: Overcoming Supplier Challenges
Traditional supply chain finance was determined entirely based on lines of credit. This was if financing made sense in the absence of information, but it's also turned out to be restrictive. Credit isn't the best measurement for how reliably a buyer will pay, or how well a supplier will deliver. Instead, transaction history provides a much better picture. Robert Lin of Seabury TFX and Luis Mondragon of RTS International explain how, by partnering with GT Nexus, they have been able to provide innovative financing options based on the data of a networked platform.