Distributors and dealers form an important link in the supply chain network. We aim to provide need-based financial assistance to such distributors and dealers typically via revolving, short-term loans. The funding is secured by the purchases made by the dealer or distributor from the manufacturer. This gives dealers and distributors access to additional working capital, enabling them to drive business growth and increase the distribution penetration for the manufacturer.
Key Features
Short term working capital finance
Minimal paperwork requirement
Faster sanctioning and turnaround time
Technology driven platform for disbursement
Hassle free repayment process
Dedicated relationship manager
Transparent processes
Eligibility
- Any distributor/Dealer working with an anchor at least for 1 year
Interest Rate and Charges
- To be agreed at each Distributor/Dealer-Anchor level upfront.
Documents Required
- KYC of the distribution firm and its promoters
- Brief business profile of the firm with the business projection
- Audited financials
- Bank statement of the operative business account
