Wio Business: Supply Chain Financing (Payables Finance)

Overview

Wio Supply Chain Financing is a smart cash flow solution that bridges the gap between buyers and suppliers. Through this buyer-led program, suppliers can receive early payments on their approved invoices directly from Wio Bank, while corporate buyers enjoy flexible payment terms to optimize working capital.

How It Works

Supply chain financing involves three parties working together:

1. The Corporate Buyer: Purchases goods or services, verifies and approves supplier invoices, and uploads them to the Wio platform. The buyer pays Wio Bank when the invoice reaches its standard due date.

2. The Supplier: Delivers goods or services to the buyer. Instead of waiting 30, 60, or 90 days for payment, the supplier can choose to receive immediate payment from Wio Bank at a competitive discount rate.

3. Wio Bank: Finances the early payment to the supplier upon invoice approval and collects the full invoice amount from the buyer on the agreed due date.

How the Financing Cycle Works

Key Benefits

For Buyers (Anchor Corporates)

• Optimize Working Capital: Extend payment terms and improve cash flow without disrupting supplier relationships.

• Strengthen Supply Chains: Support suppliers with instant liquidity, reducing operational risk and ensuring reliable deliveries.

• Streamlined Digital Management: Upload, verify, and approve invoices seamlessly through a secure digital portal.

For Suppliers

• Accelerate Cash Flow: Receive immediate payment on approved invoices rather than waiting for extended payment terms.

• No Direct Debt or Borrowing: Early financing is based on the credit standing of your corporate buyer, preserving your company’s credit lines.

• Predictable Growth: Reinvest cash immediately into operations, inventory, and new business opportunities.

Eligibility Criteria

• Corporate Buyers (Program Anchors):

• Registered and operating in the UAE (or UAE subsidiaries of multinational groups).

• Minimum annual turnover of AED 100 Million+ with a demonstrated track record of profitability.

• Suppliers:

• Registered business entities operating in the UAE.

• Active suppliers to an onboarded Wio anchor corporate buyer.

How It Works in Practice

For Corporate Buyers:

1. Onboard Your Business: Complete the one-time corporate onboarding and set up your company portal access.

2. Upload Invoices: Upload your approved supplier invoice list (via batch file or portal entry) including supplier name, invoice number, due date, and amount.

3. Authorize Financing: Validate the invoice batch and authorize the digital financing agreement in the portal.

For Suppliers:

1. Receive Early Payment Notification: Once your buyer approves and uploads your invoice, you will receive an instant email and SMS notification.

2. Review & Accept Offer: Log in to the supplier portal to review the invoice details, early payment discount, and net disbursement amount.

3. Get Paid Instantly: Accept the early payment offer. Funds are disbursed directly to your business bank account.

Frequently Asked Questions (FAQs)

Can a supplier apply for invoice financing independently?

Supply Chain Financing is currently a buyer-led program. To receive early payments, your corporate buyer must be onboarded with Wio and must upload and approve your invoices on the platform.

Are international companies supported?

Currently, Wio Supply Chain Financing supports companies and suppliers incorporated and operating within the United Arab Emirates (UAE).

How does early payment affect supplier credit lines?

Early payment through this program does not count as a loan against the supplier. The financing facility is established on the credit standing of the corporate buyer.

How can my company get started?

To set up a Supply Chain Financing program for your company or to inquire about onboarding, contact your Wio Relationship Manager or reach out through Wio Business customer support.