Suppliers and dealers
can now leverage their relationship with reputed companies/
organizations that are acceptable to us, in sourcing
low cost funds, with support from their counterparts
through our Supply Finance scheme.
Supply Finance helps you meet the
funding gap between the dispatch of goods and receipt
of payments. After delivery of goods or services and
upon submission of buyer-accepted sales invoices (credit
notes), along with the letter of comfort from the
buyer, such suppliers are eligible to draw loans from
us, which will be offset against the final payments
by the buyers. Under this scheme, the borrower does
not need to go through a relatively lengthy process
of getting a line of credit established. The additional
features of our Supply Finance facility are as follows:
- Financing upto 80% of the invoice value with a
minimum amount of NPR 100,000 per loan
- Tenor of each Supply Finance Loan shall be upto120
days or receipt of payment from the buyer, whichever
is earlier
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