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

Interested to know more?
Give us your details so that we can get started

Customer Stories

Read all

Download Mobile App

Experience the benefits of online banking anywhere and anytime.

Become a Partner

Get associated with us and explore opportunity to become more profitable.

Know more

Give us a missed call

Just give us a missed call on
+91 7997100444 for products offerings.

Know more