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These Financing Options are Gaining Ground as Suppliers Seek Cash

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

As fashion suppliers’ and retailers’ cash flow tightens courtesy of COVID-19, some financing methods are seeing an uptick in interest. In a typical payment timeframe, factories get paid a month or more after goods have been shipped. But with transportation delays, order cancellations and delayed payment terms, this process has been disrupted. “There’s so much…

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