Greensill Capital’s woes will reverberate widely | The Economist

Greensill Capital's woes will reverberate widely

The supply-chain financier's troubles highlight overlooked risks in the system

SUPPLIERS HATE being made to wait for the cash they are owed almost as much as their customers hate parting with it. What if high finance could help? Specialist firms have indeed sprung up, offering to pay suppliers up front, then cashing in their customer's cheque as the bill comes due weeks later.

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