Channel Finance Program
- 1. Supply Chain finance facility agreement entered between buyer(Mizuho Capsave Finance Pvt Ltd customer) and financier
- 2. Goods shipped and sales invoice raised on the buyer (Mizuho Capsave Finance Pvt Ltd customer) by the Corporate
- 3. Corporate submits invoice to Mizuho Capsave Finance Pvt Ltd SCF Platform
- 4. Buyer (Mizuho Capsave Finance Pvt Ltd customer) approves invoice on Mizuho Capsave Finance Pvt Ltd SCF platform
- 5. Mizuho Capsave Finance Pvt Ltd pays the Corporate
- 6. Buyer (Mizuho Capsave Finance Pvt Ltd customer) pays Mizuho Capsave Finance Pvt Ltd on the due date
Channel Finance Program Benefits
- Better WC Management
- Enforces Payment discipline among SME Customers & Distributors / Dealers
- Ascertains greater efficiencies in the Corporate receivable management & reduces collection cost
- Improves Top Line in a disciplined manner
- Facilitates dialogue with Customers / Dealers / Distributors or negotiation of commercial terms
- Supports strategic supplier relation
- Scalability – Supports growth and transactions over a long term period.
- Improves Financial Ratio like ROCE, EVA etc
- Competitive Pricing – Leveraging on Anchor’s credit rating and relationship with bank.
- Reduces dependence on Local Bank
- Simple Standard Documentation
- No collateral required
- Simple Standard documentation
- Seasonal Adhocs with simple documentation and faster TATs