INSUBCONTINENT EXCLUSIVE:
Supply chain financing lowers financial costs and improves business efficiency.State Bank of India (SBI) offers various supply chain
financing schemes to provide liquidity to businesses, as mentioned on the official website of country's largest lender
Currently, SBI offers two types of financing schemes- electronic vendor financing scheme and electronic dealer financing scheme
These can be applied online
'Supply Chain Financing' is an online collaborative platform for the banks, buyers and sellers for transactions and financing across the
financing scheme provides for financing receivables of vendors (suppliers) of reputed corporates/industry majors (IMs) with whom tie-up has
The scheme is a completely web based solution with minimal branch intervention and provides instant credit to vendors account
vendors to achieve the objective of just in time production
from corporates/Industry majors (IMs) with whom tie-up has been entered
It is also completely web based solution
electronic dealer financing scheme
Both Industry Major and dealer can make use of improved cash flow forecasting
