We market the program to Corporates and SMEs along with the financial institutions. We work with the corporate and SME to ensure expedited availability of all necessary documents, conforming to the credit policies of the funding institution.
We integrate to the financial and accounting systems of the financial institution, corporate and SME ensuring minimal change to existing commercial processes. All parties receive electronic commercial documents along with data.
We closely work with the buyers and sellers and ensure smooth flow of commercial documents and their acceptances. We provide daily reconciliation and settlement information to all parties. The funding institution can focus on credit process and cross-sell opportunities to the SME base without worrying about operations or infrastructure.
For a corporate and SME, we usually take no more than couple of days to start the program.
Banks want to lend to SME’s. In fact research shows that the ROI on credit to SME’s is far better than retail or corporate credit. However Banks are unable to achieve scale in this simply because they are unable to...
It is a little ironic that while SCF programs are targeted towards providing funding for SME’s, in most cases, SME’s do not play an active role in the program. Most current SCF programs are characterized by Banks directly disbursing the...