The two companies' first joint programme went live, providing digital trade financing to suppliers in the apparel company's supply chain ecosystem, which comprises mostly small-to-medium-sized enterprises (SMEs). The companies' next joint programme for pre-shipment finance, expected to launch in late 2020, will utilise supply chain data as the primary conduit to assess risk and credit worthiness, as opposed to traditional models that result in the majority of suppliers being under-funded or facing challenges to access necessary capital.
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