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Corporate Financing » Corporate-Vendor financing
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Back
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 This is a customized finance programme to meet the marketing and financial strategies of resellers, manufacturers, distributors and dealers operating in a variety of industries.
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| Eligibility |
- Small Business Enterprises
- Medium Corporates
- Local Community Contractors
- Trading Houses
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| Amount |
- Minimum 20,000/- and above
- Up to 80% of the bills to be discounted
- Maximum tenor – 120 days
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| Documents |
- CR Copy, Computer Printout
- Authorized Signatories
- Chamber of Commerce Registration
- Bank Statement – 6 months
- Financial Statement/Contract Copies
- ID copies of Partners
- Payment assignment
- Supplier Bills & Sales ledger of Debtors
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| Criteria |
- Debtors market standing
- Cash Flows
- Past Performance
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| Interest |
We offer very competitive rates of interest and it depends on the credit evaluation and payment history.
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| Advantage |
Customers with a good payment track record will be eligible for reduced rates of interest as per the Company Policy.
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