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Unlike traditional factoring, where a supplier wants to finance his receivables, reverse factoring (or ''supply chain financing'') is a financing solution initiated by the ordering party in order to help his suppliers to finance their receivables more easily and at a lower interest rate than what they would normally be offered. In 2011, the reverse factoring market was still very small, accounting for less than 3% of the factoring market. == A financing solution == The reverse factoring method, still rare, is similar to the factoring insofar as it involves three actors: the ordering party, the supplier and the factor. Just as basic factoring, the aim of the process is to finance the supplier’s receivables by a financier (the factor), so the supplier can cash in the money for what he sold immediately (minus an interest the factor deducts to finance the advance of money). But contrary to the basic factoring, the initiative is not from the supplier that would have presented his invoices to the factor to be paid earlier. This time, it is the ordering party that starts the process – usually a large company – choosing invoices that he will allow to be paid earlier by the factor. And then, the supplier will himself choose which of these invoices he will need to be paid by the factor. It is therefore a really collaborative project between the ordering party, the supplier and the factor. Because it is the ordering party that starts the process, it is his liability that is engaged and therefore the interest applied for the deduction is less than the one the supplier would have gotten had he done it on his own. The ordering party will for his part benefit of a part of the benefit realized by the factor, because he is the one to allow this. And the financier for his part will make his profit and create a durable relation with both the supplier and the ordering party. reverse factoring definition---- An alternative financing solution where a supplier finances their receivables via a process started by the ordering party, in order to help their suppliers receive more favorable financial terms than they would have otherwise received for operational and other pass-thru costs incurred in providing services to the ordering party. Reverse factoring is seen as an effective cash flow optimation tool for companies outsourcing large volume of services (e.g. clinical research activities by Pharmaceutical companies〔(【引用サイトリンク】url=https://www.gov.uk/government/news/prime-minister-announces-supply-chain-finance-scheme )〕). The benefit to both parties is that the company providing the services can get the outstanding value of their invoices paid in 10 days or less vs. the normal 30-45 day payment terms while the ordering party can delay the actual payment of the invoices (which are paid to the bank) by 120-180 days thus increasing cash flow. After the initial period of cash flow optimation, it is unclear if this will remain of value to the ordering party because you will then be paying monthly invoices of approximately equal amounts assuming your outsourced services are stable/average across the year/future periods. The cost of the "money" is a set interest rate normally tied to an index plus a bps adjustment. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Reverse factoring」の詳細全文を読む スポンサード リンク
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