Case Study: Tata Accesorios Globales achieves faster payments and better financing terms with GT Nexus Supplier Financing

By adopting the Supplier Financing program, Tata Accesorios Globales gets paid faster at better terms

Tata Accesorios Globales, a Guatemala-based manufacturer of leather belts for international brands and retailers, was challenged by expensive and cumbersome local bank financing. The company needed fast access to cash for raw materials, but its lending process involved heavy documentation, multiple bank systems, buyer approvals, and high borrowing costs, making financing slow and inefficient.

With the GT Nexus Supplier Financing program, Tata Accesorios Globales centralized transaction management on the GT Nexus cloud platform, improving visibility and streamlining financing. As a result, the company gained immediate working capital, shortened payment terms, and got paid faster at better terms while avoiding the high borrowing costs and hidden fees of local banks.

Tata Accesorios Globales

Julio Arce

Chief Financial Officer