Profile: Avarina Miller

The senior vice-president at Demica, the provider of working capital services, talks to Matthew Attwood about how volatility is increasing appetite for more traditional structures

Credit in its most basic form is at the centre of Avarina Miller's business. One of Demica's core activities is supply chain finance (SCF), which addresses the tension that often exists between corporate buyers and sellers when the latter ask for payment extensions.

"Buyers can often hold suppliers to ransom, pressuring them to allow delayed payment - essentially, to provide credit - or risk the contract in the future. SCF seeks to optimise buyers' terms, without suppliers having to provide