Sriya Enterprise recently conducted an insightful Trade Finance and FEMA Workshop at SRF Limited in…
Avenue for Low Finance Cost – Easy access to collateral free postshipment finance for MSME Exporter
Supply chain finance (SCF) is a solution that facilitates lower financing costs and improves business efficiency for buyers and sellers in a sales transaction.
Unlike traditional lending institutes, SCF is an avenue for collateral-free financing in the form of invoice factoring to cover a company’s working capital gap.
SCF also protects the exporter against buyer default risk, thus enabling MSMEs to grow and expand their territory without worrying about the security of their payments.
New-age Fintech leverage technology to assess creditworthiness. Based on the extensive use of technology application is processed and limited sanctions are executed in a matter of minutes.
Main Features :
- NOC not called for :
- Healthy Balance sheet: Because invoice factoring doesn’t involve lending. It is not considered to be debt, so it doesn’t impact your debt to income ratio
- Flexible limits: The limit is determined by computing the number of receivables and eligibility of your customers. Limits are enhanced based on growth.
- No Collateral