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This topic came up in Matt Levine’s column a day or two ago[1]. There are supply chain financing companies that let a big business pay suppliers after eg 90 days while the intermidiary pays those companies earlier (at a discount). The theory was that it makes the companies accounts look more appealing (having a lot of accounts payable supposedly implies you’re efficiently using cash by not paying suppliers until later).

[1] https://www.bloomberg.com/opinion/articles/2021-03-10/citi-i...



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