Supply Chain Finance

Supply Chain Finance is a technology-based solution that aims to lower financing costs & improve business efficiency. Under this program, buyers agree to approve their suppliers’ invoices for financing, providing short-term credit that optimizes working capital and provides liquidity to both parties, SCF offers distinct advantages to all the participants. While suppliers gain quicker access to money they are owed, buyers get more time to pay off their balances. On either side of the equation, the parties can use the cash on hand for other projects to keep their operations running smoothly.

Dealer Finance/ Inventory Funding

Dealer Finance is a mechanism through which funds are provided to the dealers to procure goods from the manufacturer.
Increases cash flow which in turn ensures availability of goods to the dealers and for end users.
Loans are quicker and easier to get through dealer financing than through traditional methods
Borrowers don’t have to visit different banks to submit their loan applications; they can get all their loan requirements fulfilled under one roof
Increased sense of financial discipline due to short duration

Vendor / Supplier Finance

Vendor financing helps Corporates to pay vendors to ensure a smooth business functioning, be it during manufacturing or post-manufacturing.
OFF balance Sheet program for the corporates
Vendor financing is built on the foundation of trust between the two parties and thus strengthens the relationships between vendors and business owners.
Streamlined process and less documentation, in comparison to other financial institutions.
In vendor financing, the borrower does not need to use personal funds to finance the asset or business purchase.
Unsecured lending, competitive rate of Interest.

Purchase Invoice Discounting (PID)

Purchase invoice financing or purchase invoice discounting allows small and medium companies to fill new purchase orders through early payment of approved invoices.
The financial institution gets the money back from the borrower at the end of the discounting cycle.
To monetize the unpaid bills, companies can bring their invoices for invoice discounting to lenders.
The discount rates offered by lenders on bill discounting shall depend on various factors, such as financial history, business tenure, business stability, business volume, CIBIL score, and creditworthiness.

Sales Invoice Discounting (SID)

Sales Invoice discounting is used by the sellers to generate cash by keeping sale invoices as collateral with the financing institution. It improves the working capital of the organization.
Sales Invoice Discounting increases the cash flow and helps to accelerate the additional growth.
Instead of waiting for the customers to pay, one can discount the sales invoices from the lending institution to meet its cash requirements.