Why Supply Chain Finance is a Win-Win for Buyers and Suppliers – Especially During Economic Uncertainty

We often talk about how buyers use supply chain finance to unlock billions in working capital. But what about suppliers? How do they feel about supply chain finance? And how can supply chain finance help them traverse economic uncertainty?

Our experience indicates that most suppliers achieve financial benefits that are just as positive (and powerful) as the benefits experienced by buyer organizations. Suppliers of all sizes benefit from early payment, having better visibility into payment processing, and access to working capital that can help them navigate economic stress and/or invest in growing their business.

Every day, companies rely on working capital to pay for strategic initiatives or to provide a cushion during challenging economic times. If you’re a large supplier with an investment-grade credit rating, you may already have access to multiple financing options (although these options may be fewer if the market dictates a tougher lending environment).

But for non-rated and sub-investment grade suppliers, the options aren’t as plentiful or attractive. The cost of funds in a traditional commercial lending scenario can be punitively high for these businesses, if available at all.

Historically, supply chain finance hasn’t been an option for smaller suppliers because bank-led programs are engineered to serve investment-grade program participants.

Fortunately, this is changing. Today, non-investment grade and tail-end suppliers have access to the benefits of supply chain finance. PrimeRevenue’s diverse multi-funder approach to supply chain finance means we have more funders willing to partner with a broader range of suppliers.

More than 30,000 suppliers use PrimeRevenue’s supply chain finance platform to accelerate cash flow. But that’s just the beginning. These suppliers are ultimately preparing for a more secure future. Here’s how supply chain finance makes that happen:

It makes it easier to weather economic turbulence. Rather than waiting on its large customers to pay invoices (often overdue), the supplier can submit invoices to funders for early payment. In turn, this provides immediate access to liquidity that can help the supplier keep operating in a “business as usual” environment in any business climate.

It funds growth and innovation. Suppliers need to have the working capital available to respond to increased demand for their offerings and to invest in innovations that will give them a competitive advantage. This may seem counterintuitive in a downturn, but this is also the time for companies to hunker down and strategize how they can compete and grow in a rapidly changing market.

It provides funding at a much lower cost. The interest rate a supplier will pay for a loan or factoring will most likely be much higher (often 10x or more) than the discount/processing fee paid using a supply chain finance program, which is tied to the buyers’s credit rating rather than the supplier’s. Furthermore, while a loan can negatively impact the supplier’s debt-to-equity ratio and other metrics, supply chain finance is a true sale of receivables and has no negative effect on the supplier’s balance sheet.

Finally, a word to buyers. As mentioned earlier, you’re probably aware of how supply chain finance can benefit your organization. But it’s important to apply a supplier perspective to your supply chain finance decisions. How will your provider make sure you can expand your program beyond your largest suppliers? Can your provider cover all currencies and jurisdictions? Finally, will your provider work with your suppliers to streamline program participation so they can optimize the full benefits of early payment? Remember – supplier participation (and therefore program success) is directly tied to supplier satisfaction.

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Stephanie Wargo

VP, Global Head of Marketing

Stephanie joined PrimeRevenue in 2015 and oversees the company’s global marketing team and strategy. With a data-driven approach, Stephanie focuses on demand generation and thought leadership to drive brand awareness, strengthen client/partner relationships, and generate new sales opportunities. Stephanie has guided PrimeRevenue through new technology releases and an evolving FinTech landscape. In addition to leading PrimeRevenue’s internal and external communications, she implemented innovative demand generation and marketing strategies to enhance the company’s overall sales pipeline.

Stephanie has extensive experience in marketing and customer success. She previously served as Vice President of Marketing and Communications at BitPay and Vice President of Client Relations and Marketing at FirstView Financial. Stephanie earned a B.A. degree in Political Science from Agnes Scott College in Decatur, Georgia.

Brian Medley

VP, Global Head of Sales

Brian joined PrimeRevenue in early 2012, after more than 20 years of sales leadership, executive-level consultant and business growth experience. As VP, Global Head of Sales, Brian leads a growing team of fintech sales professionals with a focus on developing strong customer relationships, improving sales predictability and helping PrimeRevenue enter the lucrative mid-market.

Prior to PrimeRevenue, Brian honed his enterprise software sales leadership skills at Clarus Corporation. He also served as an operations and IT management consultant for Kurt Salmon Associates. In addition to his sales and consulting background, Brian has deep experience in the financial industry having founded a successful residential mortgage broker and lending business. He is a graduate of the Georgia Institute of Technology having earned a B.S. in Industrial Engineering and Economics and M.B.A. in Global Business.

Jason Green

SVP, Global Customer Success

Jason joined PrimeRevenue in 2021 following more than two decades in the fintech/financial services industry. He brings a strong background is sales leadership due to his impressive relationship building capability as well as a successful track record in creating structure and process improvements. In his role, Jason uses his keen attention to detail to strengthen the customer experience and enhance the company’s solutions to deliver more value to clients.

Prior to joining the company, Jason held several senior level and executive roles with a focus on building and scaling sales and support organizations at both large and small companies. Jason graduated from Murray State University with a B.S in Marketing.

Matt Ford

SVP, Global Product Innovation

Matt joined PrimeRevenue in early 2015 and is responsible for overseeing all commercial, strategic and operational aspects of PrimeRevenue’s supply chain finance offerings throughout EMEA, based in Prague. He has been instrumental in gaining global alignment and developing supplier enablement processes for the region.

Matt joined PrimeRevenue following a 15-year career at Morgan Stanley, where he worked in fixed income operations covering debt syndication through bonds, EMTNS, corporate loans and other debt securitization. Notably, he set up non-core location operations in Europe (Budapest) and all lending operations in Baltimore from scratch.

Matt, who was born and raised in South East England, earned a B.S. in Sports Science at University of Teesside where he mastered the art of TEAM development and accountability as a youth international rugby player.

Dominic Capolongo

EVP, Global Head of Funding

Dominic joined PrimeRevenue in 2016, and is responsible for leading our bank and capital markets funding strategies and execution. He focuses on building global, scalable and highly efficient funding structures that maximize options for supporting PrimeRevenue’s programs. Dominic began his career as an attorney and was a partner with Kaye Scholer before joining DLJ as a senior banker. Dominic brings tremendous strategic and capital markets experience in all areas of finance having held senior positions at, among others, Credit Suisse and RBC Capital Markets in addition to DLJ. Dominic earned a JD from Fordham University School of Law and a BA from SUNY Binghamton.

Gavin Cicchinelli

Chief Operating Officer

Gavin joined PrimeRevenue as Chief Operating Officer in 2021. With more than two decades of leadership and executive experience along with a deep understanding of the payments space, Gavin provides a unique focus on improving and strengthening operational strategies and implementing GTM growth execution. He is responsible for leading transformation across corporate and operational strategies as well as building a repeatable and scalable commercial growth strategy that aligns with PrimeRevenue’s core business while delivering key adjacent growth opportunities.

Prior to joining PrimeRevenue, Gavin served as President and Chief Revenue Officer of Integrated Solutions at TSYS, a global payment processing services company acquired by Global Payments (NYSE:GPN). There, he also served as Head of Product and divisional COO. Throughout his career, Gavin has held multiple leadership positions including VP of Sales, SVP of Business Development, and President of Financial Institutions. Gavin graduated from the University of Northern Colorado, Greeley.

David Quillian

Chief Legal Officer

David joined PrimeRevenue as General Counsel in 2007. He and his team have been instrumental in successfully creating the unique legal structures that support PrimeRevenue’s multi-funder model and global funding capabilities. David is also the lead named inventor on PrimeRevenue’s two patents for Electronic Time Drafts, which allow PrimeRevenue to manage supply chain finance programs using electronic negotiable instruments as opposed to accounts receivable. Prior to PrimeRevenue, David was General Counsel at Harbor Payments, which was acquired by American Express (AXP) in 2006, and Magnet Communications, which was acquired by Digital Insight (DGIN) in 2003. He holds degrees in Economics and History from Duke University, and Juris Doctor and M.B.A. degrees from the University of Georgia.

Nathan Feather


Nathan has successfully ushered PrimeRevenue from our very early days as a visionary startup, through the financial crisis to today’s position as a thriving mid-sized leader in the cloud-enabled supply chain finance marketplace since joining PrimeRevenue in January 2006. He was instrumental in recapitalizing the company with an $80M investment led by BBH Capital Partners in 2015. Prior to PrimeRevenue, he held various financial management roles with Ariba, Freemarkets and PriceWaterhouseCoopers. Nathan holds a BS in Accounting from Pennsylvania State University.

PJ Bain


PJ has an impressive and accomplished track record as an enterprise software entrepreneur and executive. PJ has built a solid record of success with PrimeRevenue since being appointed Chief Executive Officer in July of 2009. The company has received numerous awards for growth, customer service, innovation, along with being recognized as a top employer.

PJ is a life-long software and technology entrepreneur having been involved in numerous firms in the roles of founder, executive, advisor and investor. Immediately prior to PrimeRevenue, PJ was the VP and General Manager of Exact Holding N.V. (NYSE/AMS: EXACT), a leading global provider of business software solutions. He was previously Founder and CEO of Inspired Solutions, an Atlanta-based, B2B software and services firm that grew to be the largest reseller of Exact Software in North America, later acquired by Exact. PJ holds a Bachelor of Industrial Engineering from Georgia Institute of Technology.