Home > Uncategorized > Amazon and it suppliers

Amazon and it suppliers

amazon_3068097cIt has been widely reported that Amazon are entering the supplier finance market. As far as i am aware this will simply be supplier chain finance on orders placed through Amazon. In effect the seller will be able to receive payment immediately at the cost of some interest which appears to have been set a low rate.

This has correctly been reported as a threat to the established invoice financing and bank lending to SMEs but to my mind there is a sting in the tail.

Amazon have not always been considered the easiest of clients to deal with and suppliers have complained of bullying. Maybe their reputation isn’t quite so poor as certain supermarkets but given stories such as these would you really be comfortable with the your financier also being your client?

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