Adani, one of the best financiers we came across. Unmatched and very quick process, very supportive staff. Strongly recommended for companies who zest to grow.
Vendor Finance
Vendors are critical elements of any supply chain framework since they provide raw materials and services to the manufacturer. Vendor finance tends to be revolving, short-term finance secured either by discounting the invoices for the goods supplied or services offered by the vendor. This gives a vendor access to working capital finance which is primarily against its cash flow from the anchor.
Key Features
- Short term working capital finance
- Faster sanctioning and turnaround time
- Hassle free repayment process
- Minimal paperwork requirement
- Technology driven platform for disbursement
- Dedicated relationship manager
Eligibility
- The vendor should have a business relationship with Anchor for 1 year
Interest Rate and Charges
- To be agreed at each Vendor-Anchor level upfront.
Documents Required
- Brief business profile of the firm with the business projection
- Audited financials
- Bank statement of the operative business account
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