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Vendor Financing

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Bill Discounting

Our  trade finance team offers vendors bill discounting services, The services are customised to suit vendors’ need for short term finance, from sale to payment. As a vendor, you can get:

  • Short-term unsecured finance
  • Credit of up to 90 days for sale of goods to corporates
  • Self-liquidating
  • Get funding against acceptance by corporates
  • Credit line is based on financials of vendor
  • Minimal documentation

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Structured Purchase Order Financing

Structure PO Financing means Bank pays for the cost of your goods directly to your supplier and frees up your cash for other critical business expenses.

  • Funding provided for 45 to 90 days against confirmed purchase orders from select customers
  • Limits based on working capital cycle to execute the order. Up to 70% of the value of the purchase order is funded upfront
  • Facility to be liquidated from the cash flows accruing from the execution of the order, i.e. through bill discounting or through invoice financing
  • Commitment from purchasing corporate to route all payments through Bank
  • Minimal documentation