Based on the assumption of a capital-constrained retailer who may face bankruptcy costs because of financing, the coordination decision on financial services and operational management in two-level supply chain composed of a retailer and a supplier is studied. The results show that the retailer has a limited financing capacity and a limited order levels under uncertain demand distribution. A capital-constrained retailer may achieve the optimal order and create value for the supply
chain through external financial services. In addition, the results also show that risk-free rate，the retailer’s amount of initial capital and rate of bankruptcy costs can impact on retailer’s ordering strategy, supplier’s wholesale strategy and supply chain performance.