Supply Chain Financing is an online collaborative platform for the banks, buyers and sellers for transactions and financing across the financial supply chain.
Electronic Vendor Finance Scheme
The scheme provides for financing receivables of vendors of reputed Corporates/ Industry majors (IMs). The scheme is a completely web based solution with minimal branch intervention and provides instant credit to vendors account electronically. This enables both the Industry Majors and their vendors to achieve the objective of Just In Time production. The vendors enjoy timely availability of funds.
Electronic Dealer Finance Scheme
The scheme provides for financing purchases of Dealers from Corporates/Industry Majors (IMs). It is a completely web based solution with customized MIS provided to the stakeholders. The Industry Major enjoys timely availability of funds. The dealer can make effective utilization on working capital funds. Both Industry Major and dealer can make use of improved cash flow forecasting.