IFC provides financing to ready-made garment and footwear suppliers through its Global Trade Supplier Finance (GTSF) programme, which provides working capital to suppliers backed by receivables from international buyers. Supplier finance is a scalable way for suppliers in emerging markets to access affordable financing for their receivables over a period defined by the terms of credit.
German sports goods and apparel maker Puma and the International Finance Corporation (IFC), a member of the World Bank Group, have entered into a#
Established in 2010, IFC's GTSF programme is a $500 million multicurrency investment and advisory program that provides short-term finance to emerging-market suppliers and small and midsized exporters. (SH)
Fibre2Fashion News Desk – India
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