Abstract: Many typical Vendor/Buyer relationships present long term business situations, either contractual or non-contractual, that offer predictable cash flows over a defined period. Some Vendors, anxious to obtain these supply relationships, may have aggressively expanded their assets, resulting in excessive balance sheet leverage. It is the purpose of the BIP Trust to provide a mechanism whereby the supply relationship cash flows can be approximately matched with undervalued Vendor Capital Obligation maturities to capture Intermediation Profits through the barter of these Obligations in settlement of supply invoices. Capital markets often undervalue long term supply Contracts that the Buyer is in a unique position to confidently assess the value and the performance risks.