Supply chain finance
Supply chain financing (SCF) offers suppliers the opportunity to receive early payment on approved invoices. This improves cash flow and enhances financial flexibility.
SCF can also serve as a valuable solution for suppliers who have difficulties to accept Nokia’s standard payment terms, providing a way to maintain a strong business relationship.
Benefits in using SCF (for the supplier)
There are several benefits in using the SCF program:
- Improved cash flow: receive early payment on approved invoices, helping to smooth cash flow and reduce financial pressure
- Access to lower-cost financing
- Flexibility on invoice discounting: choose which invoices to finance, giving control over when and how much liquidity to access
- Stronger business relationship
On this page
How does it work? Key steps
SCF payment flow
Support
For further questions, feel free to contact your business partner at Nokia or, for inquiries on the SCF program, please reach out to center.scf@nokia.com.