The paper analyzes factors which exert significant impact on supply chain finance (SCF) of real estate sector in Vietnam. Since this interesting topic has not been commonly investigated in empirical research, its results will be meaningful not only on Vietnam but also on other economies. By employing generalized method of moment (GMM) in estimation, the authors report the negative impact of firm profitability (ROA), financial leverage (LEV), firm size (SIZE) and economic growth (GDP) on supply chain finance (SCF). These valuable findings are essential for consideration by the management in improving supply chain finance, especially that of real estate sector.