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Give your business extra edge with our system driven processes

  • Overview
  • Features
  • Eligibility Criteria
  • Document Required
  • Fees & Charges

Payable Finance (Limit on Anchor) : Overview

Our Payable Finance program provides Working Capital Limits for large corporates enabling them optimising their working capital cycle.

Buyer (Anchor) raises indent/PO on the Supplier (Vendor) requesting a consignment of goods. The Supplier (Vendor) ships the goods & raises invoice on the Buyer (Anchor). The Buyer (Anchor) raises funding request on Bank’s portal based on accepted invoice. The validation of the transaction for parameters like availability of credit limit, validity of invoice, overdue position etc. is digitally verified by our Supply Chain Finance system. On successful validation, finance is instantaneously created by the system and disbursement is credited in to the Supplier’s (Vendors) account. On the due date the Buyer (Anchor) repays into vendor finance account to liquidate the outstanding amount. The entire process is fully automated with real time SMS/email alerts and reports sent to the customer at each leg of the transaction.

Payable Finance (Limit on Anchor) : Features

  • Minimises investment in working capital
  • Reduces cost of goods sold (COGS)
  • Reduces total cost of borrowing
  • Automation reduces administration cost
  • Increases cash flow
  • Increases stability of supply chain
  • Ensures availability of goods for end users
  • Increases sales

Payable Finance (Limit on Anchor) : Eligibility Criteria

  • As per the program parameters tied-up with corporates.

Payable Finance (Limit on Anchor) : Document Required

  • As per the program parameters tied-up with corporates.

Payable Finance (Limit on Anchor) : Fees & Charges

  • As per the program tied-up with corporates.
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