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The bank payment obligation (BPO) provides similar protection for sellers as an L/C does, but far more efficiently.
Distributor finance, also known as channel finance, is built on the concept of a large corporate supporting an established network of key, geographically-strategic distributors to reach and expand their operations and sales into new markets.
Companies aim to give their suppliers a boost at the same time they extend payment terms.
Improved working capital provides sunshine during recessions rain showers.
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