Motorcar Parts of America launches vendor supply chain financing program

The company says the move complements its strategic focus on neutralizing working capital requirements and opportunities to increase cash flow

Motorcar Parts of America, a remanufacturer, manufacturer and distributor of automotive aftermarket parts, announced that it has launched a vendor supply chain financing program designed to enhance payment terms and improve cash flow for both valued vendors and the company, according to a press release dated Nov. 28.