Mostly suppliers
Agriculture and agri-processing
A processor buys a harvest in weeks and sells the output over months. The growers and aggregators who supply it are paid on terms they cannot fund, in a season that does not wait.
The constraint is not the same in every sector.
In FMCG and fuel the businesses short of cash are buying stock. In agriculture and manufacturing they are waiting to be paid. Same platform, opposite product, and getting it the wrong way round wastes everyone’s time.
Mostly suppliers
Manufacturing
Component suppliers finance the gap between delivery and payment while the manufacturer finances raw material and work in progress. Both ends are squeezed by the same production cycle.
Mostly distributors
Fast-moving consumer goods
Distributors sell everything they can carry and are capped by cash, not demand. Every order they cannot fund is the manufacturer’s revenue too, and it appears nowhere in the manufacturer’s receivables.
Mostly distributors
Energy and fuel distribution
Dealers and depots buy product in bulk against thin margins and high ticket sizes. A single missed load is a week of trading.
Mostly suppliers
Healthcare and pharmaceuticals
Facilities are paid by insurers and schemes on long, unpredictable cycles while their suppliers expect conventional terms. The mismatch is structural, not occasional.