Covers all types of Short term finance includes Inventory funding, Invoice discounting or Structured cash credits with definite maturity dates
Key Features
- Inventory taken as collateral for the short term funding.
- Bullet type repayment with principal payout only on maturity and interest frequency can be decided.
- Multiple inventories can be pooled together as single collateral.
- Multiple draw-downs based on the limit sanction.
- Rollover of loans with revolving credit.
- Borrowing power adjustment based on working capital ratio.
- Invoice discounting facilities of Purchase or sale bills
- Various invoice discounting types - Flat, Rate or Yield methods with various discounting interest amortization methods.