
Global invoice financing marketplace Incomlend announced a new invoice financing programme for a pan-European metal trading firm whose buyers comprise some of the world’s most environmentally friendly steel companies.
The invoice financing solution will equip the metal trading firm with the working capital required to make payments when purchasing raw materials from their suppliers. The firm will also have the financial agility to keep its business running. This is especially important due to the decline in the supply of ferrous metals during the pandemic because of supply chain issues.
Furthermore, the global pandemic has pushed environmental, social and governance ( …