PrimeRevenue’s Supply Chain Finance solution provides Suppliers with payment visibility and certainty regarding their approved receivables. Importantly, SCF also delivers 'on-demand' access to cash from those receivables, in advance of payment. This working capital solution is available to Suppliers at time when cost of financing - and for many, mere access to financing - is under severe stress in today's credit markets. Now, more than ever, Suppliers are seeing strong value in SCF solutions.

Suppliers who participate in their Buyer’s program may choose to receive cash from 100% of the value on any or all of their approved receivables at any point up until the original maturity date. The program is completely optional. If they choose, a Supplier may wait and receive full payment at the end of the receivable term. Funding fees (offered at extremely attractive rates) only apply when Suppliers choose to discount the receivable early.

Payments to Suppliers are made electronically and with no transaction fees. PrimeRevenue's SCF Platform even provides Suppliers full remittance information - information normally provided at a high cost in traditional payment solutions.

Payment cycles are reduced to as little as 48 hours. In fact, the entire process - from input of payable information to payment to the Supplier - is fast, automated and secure. Benefits of the PrimeRevenue SCF Platform for Suppliers includes:

• Increased Operating Capital. PrimeRevenue creates visibility into future cash flows. Unlike other alternative financing mechanisms such as factoring or asset-based lending, PrimeRevenue’s Supply Chain Finance solution focuses on approved receivables, not assets such as inventory. As a Supplier’s AR volume increases, more operating capital becomes available, and debt-to-equity ratios are vastly improved.
   
• Compelling Alternative to Expensive Early Payment Discounts. By having access to payments 'on demand', Suppliers can reduce costs and eliminate early payment discounts, which were traditionally instituted to encourage faster payment from key customers. However, as typical payment discounts such as 2% 10 net 30 mean an effective annualized percentage rate cost of 38%, it's not surprising that Suppliers see the value of financing at rates that can be as little as a tenth of that financing cost.
   
• No Debt on Balance Sheet. Because PrimeRevenue’s early receivable financing is not a loan, no debt is incurred. More specifically, our early payment program settles the invoice so no debt is incurred.
   
• Better Balance Sheets and Stronger Credit. PrimeRevenue allows Suppliers to maintain a healthier balance sheet, reduce Days Sales Outstanding (DSOs) and improve cash positions. By establishing a consistently positive credit rating, Suppliers may qualify for more advantageous terms from Buyers and Financial Institutions.
   
• Quick and Easy Funding. The PrimeRevenue SCF Platform is extremely flexible and completely automates the payables financing and settlement processes. PrimeRevenue requires no software installation and is quick and easy to learn and use.
   
• Reduce Disputes, Collection and Cash Application Costs. Due to complete visibility into all invoices that have been paid.
   
• Remittance Advice. PrimeRevenue provides remittance advice at no charge. Our remittance advice capabilities allow Buyers to provide online remittance details directly to Suppliers - safely and securely - in any currency, anywhere at any time.
   
• Streamline AR/AP Processes Between Buyers and Suppliers. PrimeRevenue allows Suppliers to monitor the status of receivables on a daily basis, receive detailed transaction histories and update customer information easily.
   
• Ability to Discount Individual Receivables. Complete flexibility of the SCF Platform ensures that the Supplier preserves ultimate control over what is financed, enabling invoice by invoice payment acceleration, as opposed to mandatory trading of all or a bundled portion of receivables.