Credit Program ~ Description
Credit Program ~ Description
Since the Credit Program approach is a new and unique way of reducing costs in the supply chain it deserves some explanation.
A Credit Program is very much analogous to a steel purchase program, in that it looks to use the purchasing power of the client to establish a predictable source of debt capital (or a set steel price in the analogy) at pre-determined terms and conditions, with templated loan documentation.
T&E Capital, via its Credit Program approach, looks to "cap" the interest costs and avail access to incremental and highly predictable debt capital into the supply chain. |