Expanding your business might seem like an uphill struggle without good financial back-up. That’s where supply chain financing comes into action!
Supply Chain Finance loan is a set of tech-based business financing assistance aimed at supporting businesses to lower costs and improve efficiency for the parties involved in a transaction. This mode of financing is mutually beneficial for the buyer (anchor) and the supplier while the supplier has more benefits in growing their business. Supply chain financing provides more clarity on the cash flow to the buyer, allowing the supplier better flexibility on repayment.
Supplier Financing or Vendor Financing loan is a suitable financing option for companies in a wide array of sectors such as FMCG, FMEG, retail, manufacturing, and a lot more. The finance flow of supply chain financing starts with the buyer/anchor sending your details to a financing partner. Once they assess your business credit line and fine potency, they will approach you for a loan. The loan procedures and the duration depend on the banking partner.
SG Finserve is a fast-growing NBFC in India that provides vendor financing in a very short time span. Automated verification and sanction procedures and digitalized documentation ensure hassle-free financing. Within 1 year, SG Finserve has created more than INR 10,000 Crore worth of business expansion opportunities in India.
Visit the website to learn more about Supply Chain Financing and avail financing.
