Supply Chain Finance: Structuring and Documenting Approved Payables Financing Transactions
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide banking and loan counsel with guidance for structuring and documenting a supply chain finance (SCF) facility. The panel will discuss their insights, including the pros and cons of this alternative payment structure, as well as key issues for buyers, suppliers and investors.
- Economics of a supply chain finance facility—benefits for supplier, buyer, investor
- Structuring issues
- Competing loan obligations of supplier and buyer
- Interest rate fluctuations; buyer credit strength
- Accounting treatment
- Bankruptcy treatment—“true sale”
- Transaction documentation
- Paying services agreement
- Receivables purchase agreement
- Parent guaranties and other credit support
- UCC considerations
- SCF in cross-border sales transactions
- Current Trends and Structures
The panel will review these and other key issues:
- When does SCF benefit both the buyer and its supplier?
- How does SCF vary from factoring and other invoice and receivables finance transactions?
- What are some of the key structuring concerns of SCF?
- How can SCF be used to facilitate cross-border transactions?
- What are some emerging trends and structures in the SCF space?
Mr. Capretta is a member of the Firm's Banking & Finance practice. His transactional practice focuses on... | Read More
Mr. Capretta is a member of the Firm's Banking & Finance practice. His transactional practice focuses on representing both financial institutions and companies across a broad spectrum of domestic and international financing transactions. He has particular experience with domestic and cross-border trade receivables securitization, asset-based finance, factoring, supply chain/vendor finance, trade finance and other receivables monetization strategies. He regularly advises clients on the creation and management of bespoke receivables finance transactions. He has been a speaker on a number of presentations to industry participants on topics including receivables finance, asset-based lending and cross-border finance.Close
David A. Ciancuillo
Mr. Ciancuillo practices banking law, with an emphasis on securitization, asset-based lending, trade and supply... | Read More
Mr. Ciancuillo practices banking law, with an emphasis on securitization, asset-based lending, trade and supply chain finance and other structured finance products. He regularly represents banks, borrowers, investment vehicles and other finance companies in various transactions, including asset-based lending facilities, subscription facilities, securities offerings, and the purchase and financing of trade receivables, student loans, mortgages, equipment and automobile loans, insurance related products and a variety of other assets. He has a great deal of experience in reviewing, negotiating and helping clients to create complex financing, refinancing, cross-border and investment programs, including matters relating to secured lending, global trade and supply chain finance, insurance related products, and accounting and regulatory matters. He has been a speaker and panelist on a number of presentations to industry participants on topics including accounting, regulatory, bankruptcy, cross-border finance and structuring matters.Close